Q:Hey, I heard that the DLF are planning to give discounts to the buyers. Why is that? Is there any crisis in the real estate nowadays? is it a favourable time for buyers?
Latest Answer: Oh..yeah..i heard about this discount offer. There was an announcement that for the third quarter ended December 2014, DLF posted a 9 per cent decline in net profit. Income from operations too fell 5 per cent compared to the same quarter in the previous year. With income sliding and debts mounting, the road to recovery may be a long one.
Q:Hi there, I recently came across a news that the realtors and builders are giving discounts and offers to the buyers. Is it true? How is it beneficial to the buyers?
Latest Answer: As a builder, I think because of the very tight competition which is ever growing, there has been many builders who are concentrating in this small city. Because of this, there has been a slight drop in the flat and apartment sales, and it is a matter of concern. Even though the builders are floating schemes to attract buyers, in the long run, it wont be profitable option for us.
