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Realty sector eyes New Year to end multi-year slowdown
Q: With a multi-year slowdown continuing in 2015 in spite of huge supply and fall in prices, the real estate market is hopelessly looking for a recovery in the New Year.

real estate
slow down in realty sector
housing sales
property developers in mumbai
new year 2016
Latest Answer: The real estate sector in India certainly wasn’t at its best during the year 2015. Developers are looking at the New Year as an opportunity to improve real-estate sales. There are a number of upcoming realty projects coming up in various parts of the country. When I try to think of some popular new projects, the first ones that come to mind are the Vivante and Solaris tower. These projects in Mumbai and Gurgaon respectively have been in the real estate grapevine recently, with the growing interests in these new projects.
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Property developers are pushing unsold stock via real estate focused websites
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.

property selling
unsold apartments
property developers in mumbai
groupon
groffr
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.
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Property prices in Mumbai may crash upto 50%
Q: As per report put out by brokerage firm Ambit Capital which says that a sharp correction in property is in the near days.

black money
ready reckoner rates
real estate in mumbai
ambit capital
sharp correction in property prices
property developers in mumbai
black money bill
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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