The real estate scene is slowly coming back to normal after reaching
dizzy heights in the past two years. Real estate developers are no
longer targeting IT professionals.

No more big villas and duplex houses with sprawling gardens etc. Now,
the realtors are scaling down the size of the apartments. All these
days, realtors were promoting deluxe apartments ranging from 2,500 to
3,000 square feet.

Now the situation has changed drastically. The realtors have decided
to go in for smaller units ranging from a modest 1,000 sq. feet to 1,
500 feet only. Banks may also go slow in sanctioning loans to the
employees from the BPO and IT sectors.