For the last few years residential real estate market has seen a sluggish demand, which caused the number of unsold inventories go up in some of the key markets. From developers point of view this has resulted in- 1) Correction of prices in many markets to increase the velocity of sales of unsold products. 2) Increased project launches with the right configurations to cater to existing demands.
2016 has started on a sunny note with an increase in demand of residential projects, one way or the other, factors have now transpired to make this into a buyer’s market giving the buyer an upper hand. They have a lot of options to choose from, with added benefit of flexible rates and attractive payment plans. [Read more…]