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Realty catches momentum at the first stage of 2009

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After a deep low in the realty business during the last couple of quarters of 2008 has been gradually getting speed from the first fiscal term of 2009. Looking to the absorption scenario of buyers around these days is a positive symptom for the future growth of the realty market as added by the source at the www.propertykhazana.com. On a recent study made by a firm reveals that the major locations like Mumbai, Chennai, Gurgaon, Bangalore are been noted with higher occupancy rate as compared to the reading of the last year.
The centre of all causes is undoubtedly the higher lending rates that shoot up for 2 per cent more calculating up to 12 percent for all sort of property deals along with its accessories. Along with this the reluctant of the realty house has also fueled the down fall of realty across the country as added by the source at the www.propertykhazana.com.
For example a place like Mumbai has shown tremendous rise in realty sell with 14,478 as compared to the last year reading of just 1113 at the same instance of fiscal. The launching of projects is also catching the momentum which came up with 5,746 units against the low of 3096 units for the reading of 2008 financial quarters. This further leads to the conclusion of 40 percent sell for the first quarter of 2009. Same success flows at the emerging city Gurgaon with sell of 815 units out of 4490 on 2009 as compared to that of 587 from 3708 units for the financial year of 2008. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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