Realty comapnies have probable seen muted sales but still profits in January-March quarter

Q: How is the property markets in Delhi/NCR? Has there any sales volumes seen in Bengaluru and Pune.

bachu singh,

22nd April 2016

Real estate News in Delhi

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real estate

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delhi-ncr real estate

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Replies (3)

Hi.
The property Market in Delhi NCR is expanding. One can understand on the basis of International Developers movement. For eg. Risland is coming up with a project is Delhi South by the name of Sky Mansion. Gurugram is witnessing projects by developers like Hines, Sumitomo Corporation, Emaar Group and many more. One can understand mulit million dollar investment is already in process and sales have seen an upgraph. These are certain positive signals what one can look into.

karan wasan, Apartment Resident

11th April 2020

Comment

Hi friends!!!!
And this is the only reason of falling of BSE Realty Index by 0.51%. India’s top two developers, DLF Ltd and Oberoi Realty Ltd, are expected to post lower sales and profits for the quarter ended March, due to the lack of new launches and limited revenue collection from projects.

Kishore Pathak, Mumbai

22nd April 2016

Comment

Slow down in real estate markets distress apart, developers are also struggling to meet their annual sales guidance owing to delay in approvals, making it tough to launch projects on schedule. People are looking for affordable housing and at the same time they don't don't want to trap in free-buy offers and discounts. Now, they are understanding the realty markets and waiting for a drop in property price.

Samrat,

22nd April 2016

Good Morning friend!!!!
Real estate markets all around India is still facing trouble as the sales volume are still weak. In spite of that, there is a profit in January-March Qtr.compared to a year ago due to limited project launches, weak cash flows and weak consumer sentiments.

The property markets in the NCR are remains under pressure while Mumbai continues to sales volumes only in select residential projects. Demand for Rs.1crore plus homes is weak in Bengaluru and Pune while mid-income housing continues to see reasonable pull.

ajit pandey,

22nd April 2016

Comment

Good morning Ajit!!!!!
It is also seen that the new launches remained under control during the quarter because developers are now focusing on clearing the existing inventory rather than launching new projects at time when demand is very less. A general slowdown has seen in the real estate markets across the country.

Samrat,

22nd April 2016