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Builders to consider twice before going for new realty

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Along the other parts of the country, economic capital – Mumbai too is on the dark side of the realty slow down. According to a confidential source of www.propertykhazana.com many of the realty constructions at many premier location has been put on hold due to one or the other reason. But core reason is still the lower rate of selling and that too with a very smaller volume. Such situation has made the most favored Mumbai realty to one of the scary zone to invest upon. Hopes are still high for the developers and other realty house for a better season soon but at the same time, buyers are waiting for deeper fall for their dreamy dwellings.
Though there are some locations still enjoying the rise are the Malad and Goregaon. Here per square foot area is rated in the range of Rs. 8500 to Rs, 10.500 for the new constructions. For the southern Mumbai locations, Premium flats are still not been occupied and neither the realtors are falling to the lower rates to the customers as per the sources of www.propertykhazana.com.
On a short note with a CEO of a noted realty group in Mumbai he confess that, consumers are very particular about the rate rather than the added offers and other benefits now as compared to the earlier and hence it takes a long time to make a successful dealing. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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