Homebuyers expecting reduction of apartment prices
It is revealed by a survey that the home buyers in Mumbai are expecting a reduction in the cost of the properties in Mumbai.
For coming out from the stagnant situation and to increase the absorption rate, the local builders have started to reduce the cost of the properties.
Builders of suburb Mumbai are not rising the property prices as per the market price.
It is also noticed that lot of developers in Mumbai are openly negotiating with a genuine and prospective customer. While they are not officially reducing the cost of the properties.
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Source : DNA India
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