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B'lore residence property heads for price correction.

Byline: M Rochan

Jun. 6--BANGALORE, India -- The much-awaited price correction in the prime residential property market in Bangalore could be around the corner. The demand-supply mismatch in the city, that had fueled the sharp increase in the prices of premium residential property over the last one year, is expected to see a marginal fall thanks to the imminent supply in the market.

The existing demand for premium apartments in prime locations such as Richmond Town, Benson Town, Koramangala, Jayanagar, off M G Road, Cunningham Road, among others is expected

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