Real estate market in all the major cities

Q: How is the real estate market in all the major city? Which is the safe city for investment?

Gurmeet,

28th July 2013

Real estate News

real estate market

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According to the data by Liases Foras for the April-June period show that property prices remain same across the top markets in the country and inventory of unsold homes has touched a new high. Experts are telling that such an inventory level could take up to 32 months to be sold.

Harmeet Kaur,

28th July 2013

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In spite of attractive home sale offer, sales in Delhi-NCR were down 13% from the January-March period, while that in Mumbai, Pune and Chennai were lower by 12%, 15% and 7%, respectively. The worst hit segment was the luxury segment

Rajiv,

28th July 2013

Comment

Fewer real estate developers can hold on to such high inventory levels. Cost of finance is becoming unaffordable. PE funds are pressurizing developers to hasten sales. The only way to improve cash flow situation is to moderate pricing

Neeraj Rao,

29th July 2013

According to data from property research firm Liases Foras, in the June quarter new home sales fell in Mumbai, Pune, Chennai and Delhi-National Capital Region.

Rajiv,

28th July 2013

Comment

What about Bangalore?

Gurmeet,

28th July 2013

In the June quarter but picked up in Bangalore. Bangalore has seen a spurt in NRI demand for homes and new launches in the affordable housing segment, bucked the trend with a 25% rise.

Harmeet Kaur,

28th July 2013