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Real Estate Forum on Black Money

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Actually, the real estate sector has been stuck with high inventories and faced a liquidity shortage for at least 2 yrs now. In spite of that prices have not fallen.
Latest Answer: Hey Supratim, Seeing the present situation of the market i can say that this might lead to a huge change in the country's real estate market. Still, large builders have stayed away from it. The reasons are crystal clear and that is cash transactions involved in the business. But now you might experience that they see an opportunity in the large number of projects that have got all clearances but are stuck because of the lack of funds.
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Q: As per report put out by brokerage firm Ambit Capital which says that a sharp correction in property is in the near days.
Latest Answer: Even though, there was little room to cut prices due to high costs, builders were now willing to reduce prices and sell units even at a loss. They will sell in order to meet cash flow requirements such as interest payments, overhead costs or further construction.
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Q: Is it the black money which is ruling out our Indian real estate industry?

Latest Answer: It is suspected that black money and funding terror by the industrialists and businessmen which is ruling out the Indian real estate industry.
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