NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

Major realty players now suffers cash crunch

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
Indian real estate sector is under dilemma and very few builders are able to manage the situation while the rest are badly hit by the ongoing financial crisis across the globe, says the source at the www.propertykhazana.com. Major realty players like DLF, Omaxe, Sobha, Puravankara, Raheja, Century, Mantri, Prestige and Unitech are not exempted from the ongoing crisis and more than 70% of the projects are not taken off. In the meantime, the developers are juggling for the funds while banks are not funding on any of the realty ventures reasoning the RBI guidance.
It is also reported by the sources at the www.propertykhazana.com that many of the leading and mid size builders have withdrawn the proposed ventures. In a verbal communication with the www.propertykhazana.com, ED of Cushman & Wake field said that, the recital of any developer depends only upon the land bank, when the property prices were on the peak, many developers and builders acquired properties at higher prices hoping high appreciations in the near time, but everything went repealed, most of the developers are not able to dispose the properties at least for the actual or buying price, he added.
Adding his comment at the www.propertykhazana.com Mr. Sanjay Chandra MD Unitech Group said that, for branded realty operators, the rising and new markets will turn to be a boon and otherwise for mid size and small builders, having pan India presence, Unitech is even facing cash crunch and realty slowdown, he added. A senior DLF Executive revealed the same opinion and also added that, not only metros and Tier-2 cities, now the ongoing recession impact is playing a pessimistic role on Tier-2 and Tier-3 cities, he added. For more and latest real estate updates follow us at www.propertykhazana.com.
Source: NBTVLIVE

Property Listings

Apartments, Flats and Property for Sale in Chennai

May 19, 2017
No common wall design Go green property 72% open space 99 years durable..
Mar 30, 2017
This Studio Apartment is a 1 BHK Flat in Chennai located in Medavakkam behind Balaji Dental Hospital boasts of 4 lane connectivity all around the..
Mar 25, 2017
1390sq.ft, 3 Bedroom with attach bathrooms. Uts 426sq.ft., Car park also..
Mar 21, 2017
? New 2 bhk flats for sale in Vasinavi nagar, 10th street, Thirumulaivoil ? Totally – 6 flats , ? Stilt – car parking, 1st flr- 3..
Mar 21, 2017
New 1 &2 BHK flats at AF1& S1-750, AF2&S2-445, AF3 & SF3-755,BF1&BF1-790, BF2&S2-470,..
Mar 21, 2017
Total no. of units : 4 units Available units : 4 units Size of Flat : ( 2 BHK Flats)-G1-813,F1-826,F2-933,S1-984 SQ.FTS Car..
Mar 21, 2017
New 1& 2 BHK flats at G1-806, F1-734, F2-477, F3-816 & S1-734 & S2-549 sqfts for sale in -Oragadam, Ambattur. *..
Mar 21, 2017
Independent Row houses & flats for sale at krishnapuram, ambattur. Close to ambattur Bus stand, school, Banks, shopping mall. Row Houses..
Feb 20, 2017
A premium office space and residential complex located in the heart of the city on Nelson Manickam Road. Within easy reach of employment hubs,..
spacer

Apartments, Flats and Property for Rent in Chennai

Apr 15, 2016
If you are looking for Serviced Apartment, Vacation Rentals, Holiday Homes, Beach / Farm House and Short Stay call us on 98400 99377 , 98 4092..
Feb 29, 2016
2bhk apartment for rent in puzhuthivakkam 2bhk room family maintenance water facility near by vyasa vidhayalaya,school near walkable distance..
Sep 18, 2015
Fully Furnished- 2 BHK flat rent in Perumbakkam Near Elcot[Photos Attached] Suitable for working Bachelors/Bachelorettes/Family Available from..
May 02, 2015
Residential Flat For Rent At Egmore, Brand New, 3 Bhk, 1610 Sq Ft On The 2nd Floor, With Fully Furnished, A/c, Fridge, Washing Machine, Oven,..
Nov 21, 2014
Area of 1056 Sqft Flat for immediate Sale at Kelambakkam. 3 BHK Flat with Vitrified Tiles flooring, 3 Phase Eb, Ample water supply, Parking..
Aug 19, 2014
Residential Flat For Rent At Egmore, 2 Bhk, 1050 Sq Ft In The 2nd Floor, With One Car Park, Lift, Centrally Located In Egmore, Rent Expected..
Aug 14, 2014
Thiruvanmiyur, Thiruvalluvar nagar. Rentatl Flat Available. 2 Bed Room + Hall + Kitchen. One in First floor Rs. 15,000/month. Another in Second..
May 19, 2014
Title:Apartments for rent in Puzhuthivakkam Location:Puzhuthivakkam 2 bed rooms/1 bed room apartments for rent . Ready to occupy , 3-phase..
spacer
spacer
spacer
spacer
spacer