Real Estate Forum on Reduce Cost

Latest Answer: Hi friends, And i am very sure there will be little or no transactions in land, commercial spaces and sale of residential units in the resale market (secondary) for the next 3-months following the government’s decision to ban Rs 500 and Rs 1000 notes.

Latest Answer: Hi Sunil and Anand..... Transaction volumes are also expected to go down in the real estate sector in the near term and there will be tremendous downward pressure on prices, especially in land and secondary market transactions. Notes of the two denominations were being used in most cases for buying property. Investors with white money will adopt a wait and watch approach in the hope that prices will decrease further. Notes of the two denominations were being used in most cases for buying property. Investors with white money will adopt a wait and watch approach in the hope that prices will decrease further.

Latest Answer: The cost of the construction materials as well as labour cost are increasing. The developers are planning to invest on machineries so that they can deliver their projects within the given period of time and it will be cost effective also.