Reputed real estate companies in Bangalore witnessed a drop in net sales

Q: Why is it so that the Bangalore reputed real estate firm witnessed a drop in net sales?

Harinarayan, Bangalore

19th November 2015

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Replies (3)

It is because, there is a slight setback i Bangalore real estate, but it nothing major and will be back to normal soon enough, this is due to the economy of the city not being up to the mar which has consecutively effected the real estate.

Akruti Rai,

20th November 2015

Comment

Bangalore is an end user driven market, so If any city can make a come back in the real estate market, it would be Bangalore.

Priotosh D , Bangalore

26th November 2015

Bangalore is an end user driven market with prices reflection of the income level of the customers. Unlike Mumbai and Delhi, which sees a lot of speculative investment in the sector.

Darshan Shetty, Bangalore

19th November 2015

Comment

The Bangalore reputed real estate firm witnessed a drop in net sales in the September quarter as customers put an halt on the residential purchases. Real estate biggies such as Sobha, Puravankara, Brigade and Nitesh Estates saw minor to significant fall in revenue.

Darshan Shetty, Bangalore

19th November 2015

Comment

One of the biggest players in India, in terms of market capitalization, Prestige was the exception as its sales went up by 8.7% to Rs 550.1 crore. :) :D

Priotosh D , Bangalore

19th November 2015