Indian realty is facing a downfall, developers and builders have lost hope of the realty scenario seeing growth during the year 2012.
However, even with such a kind of situation, many of the realty sectors are planning to launch thousands of realty projects.
All what the builders are looking forward is for soothing of Reserve Bank of India (RBI) interest rates.
The realty sales in major cities like; Mumbai, Delhi NCR and Noida have witnessed very few residential and commercial property launches due to unpredictable fluctuations in the real estate sector.
Tags: 2012, Builders, Commercial Property, Delhi NCR, Developers, Fluctuations in real estate sector, Mumbai, Noida, RBI interest rates, Real Estate Sector, Realty projects, Realty scenario, Reserve Bank of India (RBI), Residential property
