Residential apartment’s absorption is fastest in Delhi
According to a recent survey made by a consulting firm, residential properties in Delhi are selling much faster than any other cities in India.
According to the survey, Delhi has almost 1.6 million units of unsold apartments and it will only take almost 23 months to sell these apartments.
The reasons behind the speedy sale of the apartments in Delhi is the wider market. Residents from neighboring states like Punjab, UP and Delhi are investing into these projects.
The rate of sale of the properties in Mumbai are slow compared to other cities. The high cost of land coupled with rising construction cost has skewed the pricing of the projects in Mumbai.
More related stories:
35000 apartments left unsold in Mumbai
Homebuyers expecting reduction of apartment prices
Source: Financial Express
Apartments in Delhi, Projects in Mumbai, Properties in Mumbai, residential properties in Delhi, unsold apartments, unsold apartments in Delhi
[...] Residential apartment’s absorption is fastest in Delhi [...]
[...] Residential apartment’s absorption is fastest in Delhi [...]