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According to the sources saying at the www.propertykhazana.com, main business group is replicating the rate sharpness in field of Utility Homes by offering residences at a rate of Rs. 4.5 Lakhs. Group’s realty limb is offering 300 Sq.ft 1 BHK for Rs. 3.9 Lakhs and Rs. 7 Lakhs for a 470 Sq.ft apartment. This has placed the city realty developers at juncture whether to proclaim same ventures or not in the city, for some builders the property cost and horrific infrastructure come as huge curbs in going for such determined proposals.
A prominent developer said to www.propertykhazana.com that, “As developing a residence, a builder has two main costs, rate of property and construction costs. Construction costs will not differ much either you construct a residence in Mumbai or Kanpur but land costs will certainly vary.” He also said that, “The offer worked out among Rs. 1,400 per Sq.ft to Rs. 1,500 per Sq.ft and they might smash floor rate as there was facility to get land in periphery localities of cities like Mumbai, Delhi and Kolkata at casual rates. But for that, a full-figured infrastructure, road network, electricity and water are also required which will bring clients to them.” For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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