Click Here For More Specific Information On:
Submitted by: Gift City
The real-estate scenario of residential market in all the major Indian cities was bleak with Ahmadabad including capital city of Gandhi agar reporting its lowest half yearly sales volume in last five years in calendar year 2015, a study conducted by London based leading global property consultant Knight frank released here today said the city has a total sales figure of 10472 residential units during January to June this year. It is the lowest half yearly sales since 2010. It is expected to go further low to an estimated around 8000 in the second half, Dr. Samantak Das, Chief Economist and National Director of the firm said while releasing the statistics of the study.
The total number of unsold residential property in the city was whooping 42000 which would take at least two to two and a half year to offload. The situation of the premium residential market the properties worth over Rs. 1.5 crore was even worse. Such inventory in the city would take at least five years for clearance, he said citing the Gift city latest updates economic scenario and the weak domestic sentiments for the crisis in the real-estate business, Mr. Das said Delhi was the worst affected in this regard while other major cities including Chennai, Kolkata, Hyderabad, Bangalore, Mumbai were as well as suffering. However Pune was the only exception with some positive outcome.
Talking about various parts of Ahmadabad as concluded in the study, Mr. Das said, Northern including areas of capital Gandhinagar was the best performing market in the city with fastest rate of inventory clearance lowest age of unsold inventory. It owed to the good connectivity of the locality with the major retail destinations in West Ahmadabad, which itself is the worst performer eastern part of the city was the second best in this regard. Seeking a Real bequest site is insufficient to locate a decent property, it can provide a thought which must be exchanged, however when you are perusing a survey around a land then you Gift city latest news be known not perspectives of different guests about the same land that will provide a point of interest thought regarding the property. One can compose an audit his own perspectives about the land that has officially gone to the site. It might be a survey about the building, level, estate and farmhouse as indicated by the development, upkeep, Security, inside and outside office for private locales on the premise of a rating as poor to phenomenal for a business site such as office, shopping centre, markets etc, one can compose his perspectives as base, business esteem, and different offices on the premise of a rating as poor to fabulous. As Ahmadabad is a metropolitan city in India, there is a great deal more interest for private and in addition business land property. On the off chance that you are searching for a business shop, office, showroom, shopping centre, advertise and numerous more business structures, then go to the Provyoo site and quest for a Commercial Property in Ahmadabad as per the territory and business estimation of a business or modern site. It is truly great city for the real-estate brokers to advance and blast their business. The individuals who need to put their riches in business locales such as shopping centre, market and shopping complex, can list their properties to offer as per the base furthermore can purchase a business site to advance their business.
About the Author: Property Mart is Leading Real estate Consultant in Bangalore Gift city latest news,Gift city latest updates from past couple of years offering to Book Prestige New Projects in Bangalore Visit Out official site
giftcityahmedabad.in/gift-city-news/latest-updates.html
Source:
isnare.com
Permanent Link:
isnare.com/?aid=1966595&ca=Business}