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Home > Forum > Mumbai > Real estate News > Unsold apartments mounting in metropolitan cities

Unsold apartments mounting in metropolitan cities

Q: What is the reason that the number of unsold apartments are increasing day by day?

apartments in mumbai
unsold apartments
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Replies (5)
1
another reason is also that rate of intrest is very high for middle class to buy flat...builder lobby expect it to fall down and investor still believe that property can appreciate further...
ujjwal jain


2
I think the sale of these unsold inventories could be a relief to the financial crunch in the real estate sector.
Rajiv


3
According to experts, if the developers and builders cut down prices by 15-20 per cent, the apartments will be sold out.
Joydeep D


4
According to sources, it is found that allocation of fund meant for one project to be used to kick-start other projects by home developers.
Lalit Verma


5
The main reason for this is believed to be the refusal of builders or developers to reduce prices.
Bikram


6

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