property market in Ahmedabad
As of date Ahmedabad has unsold apartments of Rs 3000 crore. While large developers are refusing to budge on the price front, smaller ones with poor holding capacities and lack of financial access are silently selling their stock at 25% lower than the existing market rates. Most of the unsold units have piled up in [...] Continue Reading »
The cost of commercial properties in Ahmedabad has started sliding down. The office spaces are getting sold at 20 percent less price than the present market rate. The supply of the commercial property space has increased to 30 lakh sq ft. As the real estate investors are exiting the market, the cost of the properties [...] Continue Reading »
Along with the country the real estate in Ahmedabad also witnessing slow progress in terms of sale. The entire real estate sector is under tremendous pressure. The price of real estate projects became stable after a high rise in last two years. The crunch in liquid inflow made the landowners and the builders for opting [...] Continue Reading »
As an effect of cash crunch and less interest in buyers, the city based real estate developers in Ahmedabad are not interest in buying lands. According, to a spoke person of a real estate developer in Ahmedabad, the price of properties are going high. That is impacting on the execution of current real estate projects. [...] Continue Reading »
