Real estate developers in Ahmedabad are struggling due to liquidity crunch
The pressure of inflation, higher rate of interest and economic slowdown has led to the downward trend in demands of real estate properties in Ahmedabad.
As a outcome of the sluggish demand, the builders across the city are struggling to manage the liquidity crunch.
It is observed in the realty market in Ahmedabad, that the residential market has been stagnant for a year and commercial market is still struggling to gain the momentum.
According to the builders in Ahmedabad, the higher inflation along with slowdown in market has created the major concern for them.
It has been noticed that the builders are offering 10-15 percent discount on the cost of the properties in Ahmedabad in order to overcome liquidity crunch.
More related stories:
Developers going celebrity ways to market projects
Source: DNA India
builders in Ahmedabad, Commercial property market, Properties in Ahmedabad, Real Estate in Ahmedabad, real estate properties in Ahmedabad, realty market in Ahmedabad, Residential market, Residential properties, Residential properties in Ahmedabad
[...] Real estate developers in Ahmedabad are struggling due to liquidity crunch [...]