Property price fall
National Housing Bank (NHB) has expressed hopes that price correction in housing market is due soon. NHB, the regulator of housing finance companies, has predicted a decline in the real estate prices in the near future. NHB attributes the fall in prices to the large number of empty houses which is due to be sold. [...] 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 »
Property price fall is un-predictable. According to the data collected by Liasas Foras a real estate research based firm, nearly 52 per cent of housing property in Mumbai city is owned by real estate investors themselves. Investors do this in concern with making money from the prevailing real estate market. If you are a property [...] Continue Reading »
