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Real Estate Market Encouraged By Price Correction

5:21 PM Posted In , , Edit This 0 Comments »

The real estate market is encouraged by price correction and low interest rates after few months of slump period. The improvement is clearly visible in residential sector, especially in low to mid-end housing segment. Level of enquirers went up and transaction velocity increased marginally as compared to first quarter of this year. Most builders deferred plans for launching any new projects, the focus being on deploying the scarce resources on completing projects in hand.