Wednesday, February 18, 2009

Real Estate Intelligence Report, Wednesday, February 18, 2009


1 comment:

Anonymous said...

I appreciate the bold step taken by the leading real estate developer DLF and in my opion it is the need of the hour and accepting the reality the others too should accept it and follow it.

I often used to wonder if what would be the fate of the projects launched in the last 6 - 9 months of time. There is a correction of up to 25% and up to 40% in end user market and investor driven market respectively at present. Though the developers lauched their projects in the new avtaar at lower rates emphisising on affordable housing in the last 3 - 4 months looking in to the present scenario of the market but none of them reduced the prices / rates of their earlier launched projects which were unsold.

I welcome the step taken by DLF and hope the others to follow soon.

Rawal Anil