Property Demand
The amount of unsold apartments are on the rise in the metropolitan cities. The main reason for this is believed to be the refusal of builders or developers to reduce prices. A meeting called up in the light of reports of increasing number of unsold flats in cities such as Mumbai, it is found that [...] Continue Reading »
The property demand is increasing wherein the developers are rushing forward to purchase in the international level. In a city like Mumbai the American based properties have expanded interests well in the Mumbai circle rates. The Altamount Road residential building, Washington House has till now received three bids pricing Rs 350 crore. For which the [...] Continue Reading »
The country’s leading realty consultant Jones Lang LaSalle pointed out that the projects would be delayed, unsold housing stock will rise and developers might have to offer new projects at 10-15 per cent discount, all because of a slowdown in property demand. Indian real estate sector is likely to see a gloomy phase in the [...] Continue Reading »
