unsold apartments
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 »
According to a recent survey made by a consulting firm, residential properties in Delhi are selling much faster than any other cities in India. According to the survey, Delhi has almost 1.6 million units of unsold apartments and it will only take almost 23 months to sell these apartments. The reasons behind the speedy sale of [...] Continue Reading »
According to the Census Directorate of Maharashtra, more than 4 lakh unsold apartments in Mumbai are available. The data has revealed the actual scenario of the real estate in Maharashtra. As per the records more than 3.7 million houses are lying vacant in the state. The number of the empty flats have been increased to [...] Continue Reading »
The repayment of loans due to the bankers will create an enormous pressure to the real estate industry. This March 2012 will be an assessment time for the bankers for the outstanding loans. Previously different bankers restructured the loan amount and deferred the repayment schedule. However the situation in 2012 is completely different. During last [...] Continue Reading »
