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Residential sector raises new hopes

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As per to the sources saying at the www.propertykhazana.com, India’s residential segment is indicating shaking of growth with a highlighted hike in many dealings for the previous quarter, as the interest rate cuts on home loans proclaimed by different banks started to take actualize. Many housing dealings increased up to 17% for the quarter ended over the previous one, as aid by the global realty consultancy JLLM. Foremost realty players talked to finalize that there was certainly a small hike in demand in the previous 2-3 months. DLF Group Executive Director said to www.propertykhazana.com that, “DLF planned to sell all its 1,500 flats in its forthcoming venture in West Delhi within 24 hours at a discounted rate.”
Unitech firms envoy said to www.propertykhazana.com that, “Firm which opened two of its reasonable ventures previous month in Delhi NCR and Chennai also saw an excited purchaser reaction, the developer sold out its about 800 flats in Uniworld Garden II in 2 months of its establishment. One more venture, Ananda announced in Chennai and rated for about Rs. 25 Lakhs beyond witness 550 flats being sold out in 10 days.” In Mumbai, around 3,000 flats has been sold in 2 months, emulating this market progress, banks have also finalized hiked activity in the housing loans sector. Foremost banks said that business from this sector timed an expected growth of about 15% in 4th quarter against last quarter. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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