Unsold properties
Delhi- Besides slowdown of economy, overflow of new residential properties in South Delhi has been hampering the real estate growth of the city. Sluggishness in the market is forcing some of the developers to sell apartments at discounted rates. Property prices are stagnating and in colonies like Saket and Greater Kailash, apartments are being sold [...] Continue Reading »
Sales of properties in Chennai, Bangalore and Gurgaon are being sold in a rapid pace similar to that of hot cakes! This one one sentences explains the whole real estate scenario happening in around cities in India. All of us know for a fact that year 2011 for real estate industry was nothing but a [...] Continue Reading »
Higher construction costs? again? None is aware as to why the property prices are hitting sky high! Recently, the Maharashtra government has called of for revision of Development Control Regulations (DCR) to increase transparency in real estate transactions. So, all the home buyers especially in Mumbai get, set and ready to shell out more money [...] Continue Reading »
Midst the raising fuel rates and grocery rates the land prices in India are facing a rapid hike which has lead to the property buyers intuition that the “land is no more affordable”. Property buyers have one question in them that is, “Why are property rates not affordable?”. None has an answer for this question, [...] Continue Reading »
