Q:Facing with a large stock of unsold inventories, property developers are selling their properties through real estate websites which sell them at a discount rate.
Latest Answer: It is seen that a website can sell 450 apartments in three days. But a developer may not be able to sell that many even in six month. But the success of sites depends on how many transactions are done and how much developers are willing to go below the price recommended.
Latest Answer: another reason is also that rate of intrest is very high for middle class to buy flat...builder lobby expect it to fall down and investor still believe that property can appreciate further...
