The RBI’s rate cuts alone may not stimulate the sluggish residential market. Experts feel that developers may have to further cut prices to bring buyers back into the market. Meanwhile, as a result of drastic fall in home sales, higher capital and construction cost, most developers have reported decline in revenue in September quarter. “We […]
Tag: Construction Cost
Stagnant prices hit Kolkata Real Estate
April 16, 2008 – 7:43 am
After last year’s buoyant market, signs of sluggishness have set in the Kolkata real estate market, particularly in the residential segment. While property prices in prime locations continue to witness an upward trend, they have stagnated to last year’s level in upcoming suburbs in absence of investments. For instance, in the Rajarhat, the residential and […]
