Project launches
Delhi-NCR: A total of 5.2 lakh residential units are under construction in Delhi-NCR of which around 1.4 lakh are lying unsold owing to weak demand, states a recent report by property consultant Knight Frank. Around 31 percent fall has been observed in the new home launches in NCR at 33,500 units during the second half [...] Continue Reading »
Realtors are expected to come up with a high number of project launches this festive season. Faced with uncertain demand, the past two years have seen limited project launches by real estate companies. However, it looks to change as this year, as developers have decided to launch slew of projects to generate momentum and cash [...] Continue Reading »
Real estate market analysts say that the recent June-ending quarter left the realtors frustrated and disappointed as there was lower profit on the back of tighter margins, higher input costs and huge project inventory. According to analysts, Bangalore developers likely stood out with robust sales and several project launches, while Mumbai developers saw a recovery [...] Continue Reading »
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 »
The housing prices in Mumbai city is expected to slow down by 15 per cent in the coming days. The change in development control rules (DCR) and also due to inventory with developers the price drop has been predicted! The new DCR had asked the developers to pay premium for additional development rights! However, the [...] Continue Reading »
