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Property sale graph in Indian cities

Comments(4) Sub Category:Cities,Realty News Posted On: Apr 06, 2012

Sales of properties in Chennai, Bangalore and Gurgaon are being sold in a rapid pace similar to that of hot cakes!

This one one sentences explains the whole real estate scenario happening in around cities in India.

All of us know for a fact that year 2011 for real estate industry was nothing but a roller-coaster ride!

Maximum of the apartments were kept unsold for almost a year due to sky rocketing property rates.

However, the sale of apartments in Mumbai is falling down rapidly. The recent JP Morgan real estate report proved 72 percent drop down in apartment sales in Mumbai city.

The real estate experts say that the real estate market in Mumbai has become sluggish that it will take two years to clear all the unsold properties.

More related stories:

Property Sales decreased in January

Property sales fall in Mumbai

Chennai city scores high in property sales
Source: NDTV profit

4 Responses to “Property sale graph in Indian cities”

  1. marshall says:

    Real Estate sectors are rapidly emerging in to standard markets. Properties in Chennai have reached the high standards.

  2. [...] Property sale graph in Indian cities [...]

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