Real Estate Forum on Ambit Capital

Latest Answer: True Nikhil, Last week, RBI Governor Raghuram Rajan told that the industry must bring prices down to attract buyers. If real estate developers will able to bring down prices, it will be a big help to the sector. Once there is a feeling that the prices have stabilised more people will be ready to buy. But the builders have already sold a significant inventory of those projects. If they cut prices now, they will lose their reputation.

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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Latest Answer: Hey guys, But discounts by builders/developers and 3rd time Repo Rate cut by the RBI have increased significantly in the secondary transactions market and distressed real estate liquidation by lenders who have not been repaid by developers, is becoming increasingly common.