Good article here arguing that several cities in India are experiencing a housing bubble:
Housing Prices Do Show Signs of a Bubble | Capital Mind
Also, in general, this is a great blog worth following.
Housing Prices Do Show Signs of a Bubble | Capital Mind
While India as a composite country is not at a bubble stage right now, it’s important to note that various bubbles are building up in individual cities. If any of these bubbles worsens, then it is likely that other cities will follow. There are no un-correlated prices in a crisis.
Also, in general, this is a great blog worth following.