2012 realty a much awaited one!
The realty scenario for the year 2011 was a roller coaster ride.
Too many residential projects were paused, with plenty of apartments are still left unsold!
The housing finance companies were in a complete dilemma with the interest rates hiked many times during this year.
The delay in project execution was a major drop down!
Reserve Bank of India (RBI) hiked the interest rates for almost 13 months during the year 2011. The property prices went shooting high leaving the developers worried behind.
Realty experts had already warned before saying that the realty 2012 will be more cautious!
Now that the 2012 has just started, the builders and developers are in a fast pace moving ahead to giving best residential and commercial projects to the citizens all over the country.
Source: Hindustan Times
Apartments, Builders and developers, Citizens, Developers, Housing finance companies, Interest rates hike, Project execution, Property Prices, RBI, Realty 2012, Realty experts, Reserve Bank of India (RBI), Residential and commercial projects, Residential projects
