Mumbai flat price drop now is marginal, will be steeper later, say brokers and consultants, though developers don’t agree. It is better to continue waiting and watching before putting your money into that new flat, brokers and real estate consultants advise. They concede that prices have decreased but point out that the fall has been […]
Tag: Distant Suburbs
Realtors may cut prices by 30%
December 10, 2008 – 6:33 am
DLF, Unitech and other real estate developers may lower prices by 30% by mid-2009 to nudge buyers out of their “wait and watch” stance, according to experts. The price cut, if implemented by the country’s builders will also push sales higher, especially of the affordable category, property consultants said. ”Many developers will come down on […]
Realty Is Facing A Major Cash Crunch
May 17, 2008 – 1:01 am
Land prices in the national capital region (NCR), Mumbai suburbs, Bangalore and Hyderabad have corrected by up to 25% as property developers slow down their land purchases. Poor sales and lower availability of credit at higher cost have prompted property developers to end the mad rush to acquire land. Some of the developers have even […]
