Economic slowdown
Real estate developers have planned to give rest to the new project launches, instead they prefer to sell the unsold inventory, as this process prevents dropping of price in the declining market. Analysts say developers have realised that launching of new projects could cut down the unsold inventory prices which were launched at higher costs. [...] Continue Reading »
Ghaziabad real estate has plummeted by more than 10 per cent, as an outcome of the economic slowdown. Builders and developers are unable to reduce the ever increasing input costs which further lead to a hike in equated monthly installments (EMIs). Along with rising input costs and EMIs, other factors such as rising interest rates, higher land [...] Continue Reading »
Whole of India is fed up with the rising property rates meanwhile, Chennai witnessed a highest rise in property sales. Chennai’s central business district say price increase is only due to surging demand. Chennai hotspots like; T Nagar, Nungambakkam, Adyar, Anna Nagar and Kilpauk have witnessed raising property sales despite economic slowdown, inflation and high [...] Continue Reading »
