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Developers go down to budget housing to increase liquidity

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All the major teams of the realty is making their next move to budget housing for drawing more liquidity in the market to establish the imbalance economy. According to the source of www.propertykhazana.com realty giants like Raheja has pronounced one bedroom housing near Gurgaon and same strategy is been maintained by the Delhi based Unitech with a proclamation of around 10,000 flats in the range of Rs 5 lakhs at the same proximity.
With same pattern to increase the liquidity bank, Tata Housing Development has also made effort with price tag of Rs 5 lakhs. Extending the criterion Unitech has already started the pattern at the metros like Chennai, Kolkata and suburban localities of Gurgaon as per the source of www.propertykhazana.com. Another New Delhi based realty player Omaxe group has also stepped to the budget housing with initial offer of Rs 4 lakhs ranging up to Rs 10 lakhs for the location of Peetampur and Dewas industrial region close to Indore. M D of Raheja Developers revealed at the www.propertykhazana.com that “from the date of announcement, company has received many interests from this category buyer and will do more for their hard earned money in future”.
Source of www.propertykhazana.com also reveals that the leading realties are struggling the tough phase since the early days of 2008 with steep fall in property rates as a result of hike in lending rates of banks and other related issues of low demands and finance issues. Till date it is recorded a fall of 30 percent at almost all the categories of realty products across the nation. Apart from this the realty giants like DLF, Parsvnath along with Unitech has also touched the mid segment of Rs 20 to Rs 40 lakhs as a bigger attempt to increase the liquidity level even after their top fall of around 80 percent. For more and latest realty updates visit www.propertykhazana.com.
Source: NBTVLIVE

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