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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.

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Source: DNA India

One Response to “Real estate developers in Ahmedabad are struggling due to liquidity crunch”

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