India's housing regulator National Housing Board (NHB) said yesterday property prices would go up in 2011.
"In the next one year, property prices would be moving northwards which will create a dampening impact on demand, resulting in correction of prices" said NHB Chairman R V Verma. He predicted price correction would take place in all the metros.
NHB is expecting loans from World Bank and Germany-based bank KFW to fund low cost housing and energy efficient houses.