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Developers ignore to reduce prices

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Aversion of some realty developers in Pune and Mumbai region to cut down land rates with the market murk has turned into a business chances for players from other states. Realty players from state like Karnataka, AP and Kerala are displaying their assets in the city at a corporate level, giving customers the selection to own residence in their motherland for fewer rates.
It is said by the source at the www.propertykhazana.com that, Oxoniya Builders and Developers Pvt. Ltd. from Kerala held a 2 days property expo in Pune and Navi Mumbai, customers were asked to go for residences in lavish flats on the coastal at Aluva or Kakkanad in Kerala where the Dubai Internet City model Infopark is about to come. Head of Oxoniya said to www.propertykhazana.com that, “We are getting good feedback from the region; people are coming to the front to purchase property in their motherland. In times of economic downturn, people anticipate land rates to reduce and as it is not taking place in the region, they might be choosing for properties within their budget in the states.”
The high Malayalam speaking populace in Mumbai-Pune region is one of the main factors for promoting realty players from Kerala to aim customers here. The rates of apartments given by the Group ranges from about Rs. 12-45 Lakhs, enquires and bookings from this region had risen which is a new style.
President of Kerala Builders Association said to www.propertykhazana.com that, “There is always a potential purchasers in the region, builders here are getting enquires about flats in Kerala and bookings have come up.” Even in Bengaluru, enquires from the region about properties have risen.
Officer of a foremost realty company said to www.propertykhazana.com that, “Majority of our clients were from Bengaluru or NRIs, but now we are really getting grave enquires from Pune and Mumbai. When we are finding it hard to run over our flats in Pune, we are finding parasites from Western region for our flats in Bengaluru and also planning a property expo,” he added. For more updates on real estate market browse www.propertykhazana.com.
Source: NBTVLIVE

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