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Home > Forum > Bangalore > Real estate News > Reputed real estate companies in Bangalore witnessed a drop in net sales

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?

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Replies (3)
1
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


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


2
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


3
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


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


4

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