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Realty might go more deep in to the loss

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High rate of the banks and dropping graph of the housing sale has made the once most favorable business sector to a night mare. According to the sources www.propertykhazana.com, the situation of the Indian realty is to get more affected with these negative setbacks prior to the economic slow down. It has made all the sectors paralyzed with funds deficiency in the market. Though the residential units have been put down to prices but still the situation is unchanged due to pay deduction for entire work force mainly in IT along with the other sectors.
Now the leading realty brands like DLF and Unitech slowly slashing the property rate to compromise for the cash flow for their future ventures. MD of Cushman and Wakefield states that, “it is a major recession and it has tremendously affected the cash flow at the entire economic system”. Though there are many initiatives by various associates of the realty like Banks by reducing the lending rates has not performed well to deliver more number of realty sales among the badly effected workforce of various sectors reveals director of Purvankara, Ravi Ramu at www.propertykhazana.com.
If this continues for longer than it will be very difficult to maintain the order for many realty firms across the country and there will be no investors interested to lay their funds for better returns in the future. Prominent analyst Shailesh Kanani states that “it is really sad looking at such atmosphere of the realty and soon major volume will have to post their loss for the coming fiscal year”. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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