Property Sales decreased in January
The number of apartment registration is decreased in the month of January 2012 than December 2011. It is recorded tha more than 2500 numbers of less flat sold last month in Mumbai.It is also observed that for the last two years the demand for the property marketis not increased. The cause behind that is the economic slow down and the increase in property Rate.According to expert the reas estate market is not in unstable state. There is high rate of enquiries for th enew launched offers but the booking count is very less.
According to different property developers the property sales is going down due to the delay approval by the government.
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Source : DNA India
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