The status quo of real estate prices is a positive sign and implies that market correction has been achieved and it is headed towards stabilisation. The illustration below shows the property supply and demand in major cities of India. NCR has been the worst hit, whereas southern cities like properties in Bangalore and Hyderabad have shown progress backed by the IT sector expansions. Launch of new residential projects declined by 31% across India. The focus in 2015 had been to reduce the existing inventory, which continued in the first two quarters of 2016 and is likely to be the trend for the balance duration of 2016. Two major issues which the real estate sector and especially the builders need to handle is one the delay in completion of projects and second, the piling up of legal litigations with end users. These two factors are having the biggest negative impact on market sentiment. Humane sentiment plays a major role in at least the legal litigations which in majority of cases can be resolved with mutual consent or arbitration.
property in india
Who Voted for this Story
TechyTape is a Google PageRank 4 DoFollow Social Bookmarking Site
High PR Social Bookmarking Sites List 2015
#vastu #vastushastra #vastuexpert apartments appliances arlington va auto restoration russia best free load boards business cab in dehradun cashback document shredding door dryer dumpster earn 111% cashback event finance flats flooring free load boards g corp the icon south garage glass glass repair graphics home home rentals installation insurance ip accounts physics chemistry loan against property delhi maths c moneyback movers nouam online shopping real estate repair seo service services shopping shredding dallas social media tnea top colleges travel va visa washer web window