Skip to main content

New launches struggle, sales remain flat in Q2 CY2018: PropTiger Realty Decoded report

New property launches in Q2 CY2018, across the top nine cities, decreased by over 20 per cent, with developers waiting for the festive season to begin, while sales remained stable, according to PropTiger’s Realty Decoded Report for Q2 2018
read more about  ILD REVIEW  by clicking on link
New launches across the top nine cities declined by 20 per cent in Q2 2018 (April, May and June) over Q2 2017, whereas, sales were within two per cent of last year, according to PropTiger.com’s ‘Realty Decoded Report’ for Q2 2018. The quarter did not witness many new launches, as developers are waiting for the festive season to launch new projects. Large cities, such as Mumbai and Pune, had a drop in new launches, whereas, markets such as Noida, Bengaluru, Hyderabad and Chennai, experienced increase in new launches. However, last year Q2 was an aberration, as developers advanced their launches to avoid approvals under the Real Estate (Regulation and Development) Act (RERA) regime.
to know about ILD COMPLAINTS go through the link
After a stupendous Q1 CY2018 sales performance, developers did not show similar aggression in their marketing and sales efforts in Q2 CY2018. Most developers are saving their marketing budgets for the upcoming festival quarters in Q3 and Q4 CY2018. Nevertheless, there is a silver lining for the industry, as both, Mumbai and Pune, which contribute nearly 50 per cent to overall sales, have seen their sales increasing by 15 per cent and nine per cent, respectively.
Read more about ILD FRAUD

Comments

Post a Comment

Popular posts from this blog

Professionalism and Transparency can make a Brand Excel

“The keys to brand success are self-definition, transparency, authenticity, and accountability”, these lines by Simon Mainwaring express the importance of transparency exquisitely. Transparency helps in building the trust of the customer in any business. Especially, when it comes to real estate, it becomes necessary for the developer to maintain professionalism and pellucidity as it is the matter of people’s dreams and aspirations. Get affordable housing ranges at  HomeKraftBy ATS  by clicking on it.  In the real estate sector, the accomplishment of the commitments works as the benchmark for the future projects. Both, established and the upcoming developer would never overlook the transparency factor. The primary aspect the buyer focuses on, apart from budget, amenities, and location, is the transparency and history of the developer that helps him in the decision-making process. Post RERA implementation, India has made improvements and hence shifted one spot up in the...
Post a Comment
Read more

IT Department attaches benami properties worth Rs 43 billion; Jaipur and Mumbai top the list

New Delhi: The Income Tax Department has attached over 1,500 ‘benami’ properties worth Rs 43 billion in the last one and half years, around the same time as the introduction of the revised benami legislation, a financial daily has reported. According to a report in the Business Standard, Jaipur and Mumbai top the list, each with an attachment of 200 properties. This is followed by Lucknow with an attachment of 50 properties, Kolkata at 144, Chandigarh at 110 and Hyderabad at 100 properties. Patna has seen the least number of property attachments at 30, the report added. know more about  INTERNATIONAL LAND DEVELOPERS FRAUD  by clicking on it. “The I-T department has worked swiftly in identifying benami transactions since the enactment of the revised legislation. Over 1,500 properties have been attached so far. Many are on the radar. Search and surveys are on involving gold dealers, bankers, hawala operators, senior government officials, and politicians, etc,” Business Sta...
14 comments
Read more

Sector 37C Gurgaon – An Excellent Balance Between Old & New Gurgaon

A locality is usually judged on the basis of two major factors: connectivity and social infrastructure. Along with these, if the pricing caters to a wider segment of prospective  home buyers, the area immediately enters into the list of coveted residential zones.   Sector 37C in Gurgaon has exactly the same story to tell, with it being a relatively new residential destination in the rapidly expanding city. The area score highly in comparison to many under development regions of Gurgaon viz – Dwarka Expressway, Southern Peripheral Road & beyond. Read more about  ILD Complaints  in detailed click on the link.   About Sector 37C Sector 37C is the first sector of New Gurgaon and is flanked by National Highway 8 & Pataudi Road on one side, Basai Road on other and Dwarka Expressway on the third. The Pataudi Road and Dwarka Expressway have now been declared as National Highways. It is well connected to both New and Old Gurgaon. One can use Basai Road ...
Post a Comment
Read more