Cash crunch
Realty experts say that Mumbai should focus on sustainable development. According to sources, the sustainable rate in the country is hardly 2.8% when compared to the global standards of about 25%. Since the real estate plays a major role in the development of economy, it is important that sustainable development be adopted on a faster [...] Continue Reading »
Owing to declining sales and liquidity crunch scenario, real estate developers of Ahmedabad are looking for innovative offers to attract buyers. Developers and promoters are offering schemes like free parking, interest free EMIs, free club membership, and varied discounts to buyers though they may not offer direct cash discounts. Local developers in Ahmedabad have not [...] Continue Reading »
Whatever might be the realty scenario in Bangalore city, the new residential and commercial launches are still growing in a good pace! The builders and developers are to be appreciated who are showing positive growth midst cash crunch and other drop downs in realty sector. To prove the same recently NBR Land Developers, a reputed [...] Continue Reading »
The residential realty is declared as unpredictable! Similar is the case with commercial property, wherein the completion of new projects are getting delayed. According to the recent data collected, the construction of commercial realty is left incomplete by almost 45 percent. A remark of severe cash crunch! Midst drop down in realty sales and heavy [...] Continue Reading »
The cash crunch has brought in lot of indifference midst the Municipal Corporation of Delhi (MCD) and the local councillors. At the initial stages Rs. 2.05 crore was sanctioned to each of the MCD councillors to go ahead with the developmental work in concern with streetlight and sanitation, road repair and maintenance work. However, finally [...] Continue Reading »
