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Friday, November 21, 2014

It's official: With no big deals, property market's losing life

If state property registration department figures are any indication, Mumbai's real-estate market is in dire straits and it could collapse anytime. In October 2014, the government could earn only Rs 15.19 crore from 16,700 properties that were registered.
In fact, figures suggest that the market has been consistently sliding since January 2014.
Why even October saw low sales?
What are the reasons for the lull ?
Is inventory piling up?
Who is to be blamed?
Where's the market headed?
What are developers saying?
What is their suggestion?
Is there a permanent solution?
Will Harbour link help?
Read the detailed story at : DNAINDIA : LINK

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