Sunday, October 25, 2015

Property Buyers' - Wait & Watch Policy - is Stagnating Pune Real Estate Market - Rohit Gera

About 21% of the delayed real estate projects in India are in Maharashtra:


Rohit Gera, vice-president of the Confederation of Real Estate Developers Association of India (Credai) Pune Metro

“This year, we have hardly seen any major real estate project launches on Dasara. The demand is lukewarm. Consumers are waiting for a cut in lending rates which will improve their loan eligibility and get them a better deal. Till that happens, a lot of launched projects too will suffer," Rohit Gera, vice-president of the Confederation of Real Estate Developers Association of India (Credai) Pune Metro, said.

Gera said that timely delivery of properties is affected by long-drawn approvals process.

Labour issues and cash crunch are add ons - Gera added.

- Assocham paints gloomy picture for realty

Related Stories:


1) Delayed Possession of Flat....Stalled Project....What can Pune property buyers do? The Case of Sanklecha Mango Woods, 2 BHK Homes at NIBM, Kondhwa, Pune

2) Unhappy & Stressful Home Life - Reasons Revealed -Pune Builders Protest March Against Corruption - It's all about our own home - our own money - our own servants

No comments:

Post a Comment