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Home > Forum > Mumbai > Other > There is lot of unused inventory in construction. But why are flat rates not coming down?

There is lot of unused inventory in construction. But why are flat rates not coming down?


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Replies (3)
1
Mumbai is among the most congested spots on the planet, with a foundation that scarcely figures out how to adapt the quantity of occupant. There will be an immense interest for properties taking after tremendous speculation and I think one must visit this site for data identified with land on propsurf
Nargis Sheikh


2
The implication of GST on construction materials le the builders to lower their property price slightly not as expected. Buyers who thought that after demonetization and RERA implication, prices of the property will be lowered but after implication of GST, the builder has to pay more for construction materials which leads the property prices constant across India.
Ketalpujara


3
Hello,
The real estate sector across India is going through the tough phase for last 4 years. Builders and promoters are facing a pile-up of inventory and are under pressure to lower prices. But they find themselves unable to lower prices even to incentivize sales because of high construction costs arising from liquidity issues, and delays in obtaining approvals.
Ramesk Polekar


4

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