New launches in top 8 cities realty launches decline by 11% on-quarter in Oct-Dec.

Q: New launches in the top 8 property markets across India declined 11% continuously in the quarter ended December,2015.

bablu pathak,

14th January 2016

Real estate News in Mumbai

real estate

ncr

decline of new launches properties

realty launches in mumbai

top 8 property markets

motilal oswal securities

Follow Discussion

Also see discussions for

Mumbai Real estate News Real estate News in Mumbai

Replies (2)

Hi Everybody,
Yes, it is true that the sector is yet to come out from lack of affordability, liquidity stress and lack of transparency. Improvement is depend on long push, better business strategy and consciousness among developers. Bangalore, followed by Mumbai, remains on watchful play in the absence of clear signs of recovery.

Seshagiri Mehra, Bangalore

14th January 2016

Comment

Hello Seshagiri,
While weakness wins in real estate markets across the country, Bangalore remains partly flexible. NCR is the worst affected region.

Praneetha, Delhi-NCR

14th January 2016

As we all know that developers focusing on clearing existing inventory rather than launching new projects at a time when demand is very slow. Developers adopted a watchful approach on 3Q being weak in spite of the festive season.

david.m,

14th January 2016

Comment

At the same time, the long delayed recovery push, real estate sector continues to suffer from structural issues like affordability. This has trouble the sector for a while now due to product-pricing mismatch and high prices.

Mritunjoy Deb,

14th January 2016