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Hike in the prices of real estate which was expected to go up by10 Percentage

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As there was a requirement of field of important areas such as commercial, residential, retail and hospitality, the real estate sector is experiencing a high demand. The prices were high enough because of the impact of technology as a result of which the real estate markets were unable to move down.
According to the survey conducted at Mumbai reported that the rates of real estate were further expected to increase from 5% to 10%in the next coming months as there was an increase in demand 80 million residing places had taken shape in past 10 years.
The market analysts could not properly predict because of RBI’S unwelcome effect they need to curtail (restrict) in anticipation as there was a rapid increase in the rates of finance which led to overgrowth.
The demand for real estate was further stimulated because of the arrival of some metros like BANGALORE, NCR and other retail destination in the past years. There was an importance for residential sector as it had become a main segment in our progressed economy.
Like in capital markets how the prices of stakes were going ups and down similarly in this sector the prices were going up analyzed by the private equity players, investment bankers and construction companies.
Source: NIMMA BENGALURU

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