Property buyers hesitant, expect prices to fall (KARNATAKA)

Property builders in Bangalore assert that there is good demand for property, despite the market turmoil. However, this demand is not being translated into successful transactions because buyers are hopeful that prices will fall further. However, Kishore Jain of Jain Heights and Structures Pvt. Ltd. says the chances of property prices coming down is very bleak. High input costs are a big deterrent for real estate builders and developers.