Residential launches went down

Q: What is the reason there was a down fall in residential launches?

sada, Bangalore

9th January 2013

Real estate News in Bangalore

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residential launches

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According to the report, NCR will see increase in supply due to the opening up of new sectors in Noida, Gurgaon and Greater Noida and is also expected that in 2013, the NCR residential market will remain stable.

Anoop, Mumbai

27th January 2013

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Knight Frank said the residential sales momentum for the top cities fell by 14% and 16% during 2011 and 2012 respectively. Banks’ credit exposure to developers has also fallen from its peak growth rate of 23.21 % in June 2011 to 3.88 percent in September 2012.

sumit, Mumbai

27th January 2013

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Real estate developers are really cautious of launching project as the gap between the launch and the absorption numbers reduced to 32,000 units in 2012 compared to 82,000 and 94,000 units in 2010 and 2011 respectively.

Bhupendra, Hyderabad

27th January 2013

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The residential market was disturbed by weak business sentiments, high property prices, high labour cost and relatively higher mortgage rates which resulted in the decline of 30% in 2012.

Monica, Bangalore

10th January 2013

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