Delhi-NCR observes 8% fall

Q: How come Delhi witness a down fall of demand?? What is the reason behind that...

Hemant, Noida

1st October 2013

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Replies (5)

This availability of properties at lower prices has made the developers thoughtful of adding more inventories in the backdrop of slow economy,

Arpit, Delhi-NCR

1st October 2013

Comment

Looking at the ruling market i belief that there are zones that are created ... And that shows that South-West and South-East Delhi observed a fall in capital values over the year as well as the previous quarter.

Himangi deshmukh, Delhi-NCR

1st October 2013

Comment

Do you think the mid segment of the housing also facing the same problem.

Shailja, Delhi-NCR

1st October 2013

All i can say is , properties in the secondary market (resale properties) are offered at much lower prices than the new launches in the primary market.

Preeti Kher, Delhi-NCR

1st October 2013

Top luxury micro markets such as South-Central and Central Delhi have recorded a price hike of 7-15 percent over the previous year. Even though there was no rise in demand seen in these areas over the last couple of months, the property prices continued to be stable compared to the last quarter.

Sameer Khan, Delhi-NCR

1st October 2013

Comment

I want to know what is maximum in new launch, luxury or affordable housing?

Sukhwinder Kher, Gurgaon

1st October 2013

Comment

I have read few news and reports, that stated that in the high-end segment, the total number of units launched in the first half of the present year was 70 percent less than those launched in the equivalent period last year.

Farhan Iqbal, Delhi-NCR

1st October 2013

Yes, the news is true, the basic reason behind this downfall is the economic slow down.Due to the economic slowdown, the real estate market of Delhi-NCR has recorded an 8 percent decline in the number of new housing units launched in the first two quarters of 2013

Ruchi Mishra, Noida

1st October 2013

Comment

So do you mean there is a down fall in new launches or in general?

Sunil Sharma, Noida

1st October 2013

See, if you wanna go to the statistics,it will show that new launch has dropped down. . It has been estimated that around 20,700 housing units were launched between Jan 2013-June 2013, which is 8 percent less compared to the number of units launched during Jan 2012-June 2012 period.

Gaurav Malik, Noida

1st October 2013