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Housing prices in Mumbai may see a marginal drop
Q: According to the latest report, property prices in the Mumbai Metropolitan Region dropped by the maximum among leading metros during the quarter ended March 31, 2015.

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Latest Answer: The reason being that the builders, who have purchased land is unable to afford to sit on it any longer and were forced to to launch projects.
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Real estate inventory gather across 6 cities.

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Latest Answer: In spite of that sales volume remaining at an all-time low and inventory levels up, property prices in all the 6 cities have moved up. While Mumbai saw the maximum rise of 10%, NCR observed the least with 3%. Increase in property prices is basically because of increasing inputs cost for developers. The current economic indicators look positive, though the real effect will only be felt by the second half of this year.
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Home sale dropped by 25% in september
Q: Hey, have you read the news about the downfall of residential market by 25% in September quarter?

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Latest Answer: The reason being that the builders, who have purchased land is unable to afford to sit on it any longer and were forced to to launch projects.
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