Negative demand
Recession hitting the job markets also had a bad impact on commercial spaces! Due to the current economic scenario, demand for office spaces in metro and major cities in the country has gone down drastically. In April-June quarter, the demand was 10.5 million sq ft area and in July-September quarter, it has fallen down to [...] Continue Reading »
Many buyers and investors favour Pune compared to other major cities in case of real estate sector. The main reason is due to hike in property prices, rigid government procedure and less demand in other cities. According to a report presented by Liases and Foras, a real estate research firm, there has been a negative [...] Continue Reading »
