Developers lure buyers as rupee’s value falls!
It might be a bad news for the stock market as the value of rupee against dollar falls but the same does not apply for the developers.
Kochi based developers are planning to lure in more investors and buyers during this depreciation period and make more revenue out of it.
The Confederation of Real Estate Developers Association of India (CREDAI-Kochi) is also organising a property show to interest more buyers to attend it and liven up the realty sector.
Jones Lang Laselle has also reported that Kochi being a tier-III city is booming because of upcoming IT hubs and Smart City.
Source: The Times of India
Confederation of Real Estate Developers' Association of India, CREDAI, CREDAI-Kochi, Developers, Jones Lang Laselle, Kochi, Kochi based developers, Tier III city