CBRE Prop Fair 2015
New Agriculture College Grounds - Sinchan Nagar, Range Hills, Near Bhosale Nagar, Shivajinagar, Pune 411 020
20th November 2015 - 2 pm to 8 pm
21st & 22nd November 2015 - 10 am - 8 pm
One more real estate exhibition, yawn. Builders should reduce prices for selling flats rather than organizing one exhibition after another. With high prices, sales won't take place even if builders have exhibition on daily basis.
Ravi, Please share your thoughts on the latest news mentioned :
Crisil estimates that stagnating collections in the wake of declining sales velocity had resulted in debt taken for residential projects by these developers surging by 25% to Rs 61,500 crore in fiscal 2015.
The Crisil study comes in the backdrop of other independent reports that show lack of any improvement in demand for residential properties.
One more real estate exhibition, yawn.
ReplyDeleteBuilders should reduce prices for selling flats rather than organizing one exhibition after another. With high prices, sales won't take place even if builders have exhibition on daily basis.
Ravi,
Please share your thoughts on the latest news mentioned :
Crisil estimates that stagnating collections in the wake of declining sales velocity had resulted in debt taken for residential projects by these developers surging by 25% to Rs 61,500 crore in fiscal 2015.
The Crisil study comes in the backdrop of other independent reports that show lack of any improvement in demand for residential properties.
http://www.thehindu.com/business/Industry/realtor-debt-worth-rs-30000-crore-facing-refinance-risk-crisil/article7892756.ece