One of the noted houses in realty business Vakil Housing and Development Corporation has joined the race of budget housing for their coming new ventures. According to the sources of www.propertykhazana.com the company is making its strategy to uplift the downing realty market of the city at least with higher numbers rather than the higher margins.
No doubt that the rising rates of Bank’s interest and other fiscal states of the economy has tremendously driven the rate of home sale down the graph from last couple of years. As a measure to this unpredicted situation many of the realty groups have made a provision for the housing of lower budgets for increasing the sale rates. According to the data’s collected by the various sources on behalf of www.propertykhazana.com it has been found that the step has really marked few hikes in residential unit sales across many of the cities across the country.
Source of www.propertykhazana.com also reveals that the Vakil realty has recently started new projects for the same purpose at some areas near to the Hosur Road in Bangalore. Here each unit is expected to be in range of Rs 40 to 60 lakhs. It might bring a huge opportunities for the company for the coming financial periods, adds Vakil’s top management. Apart from this the company has started many such ventures at various locations of southern metros.
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