Home Buyers Back In The Market - A Respite For Realtors

It seems that realty sector is on the path of recovery, with developers reporting an improvement in apartment sales in the three months ended June compared with previous quarters, although there's no boom yet. Parsvnath Developers Ltd sold 400 apartments (600,000-700,000 sq. ft) across segments compared with sales of just 70-80 apartments during the preceding quarter. Sales figures in the residential market have picked up in Mumbai and the National Capital Region centred on New Delhi in recent months, with demand increasing for affordable housing. As per a 13 July report by Motilal Oswal Securities Ltd, developers such as DLF, Unitech Ltd, Indiabulls Real Estate Ltd, Housing Development and Infrastructure Ltd and Puravankara Projects Ltd launched a total of 35 million sq. ft during the first quarter out of which they sold 15.8 million sq. ft, almost half of what was launched.
Source: livemint

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  1. rajniNovember 26, 2012 at 10:41 PM

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  2. UnknownApril 29, 2013 at 4:01 AM

    First and most important thing about Pune is that it is growing very fast. This assures better value appreciation for the Properties in Pune. Connectivity and infrastructure are improving day by day and there will be higher demand for each property here in the days to come.


    Buy Property in Pune

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  3. UnknownMay 14, 2013 at 11:47 PM

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