Indian Real Estate 2016 position and impact on market is
negative. The prices are going down and so are the builders and colonizers. Lots
of Bankrupt and out of business Real Estate organizations are found by Global
Market Research and Development Centre in the past few months after the
Government made policies affecting Indian Real Estate mostly.
The new rules have made Indian Real Estate more transparent
but the cash flow in the market has been finished. Yet, unemployment has
increased and projects have been left uncompleted and undeveloped due to lack
of funds. Banks have stopped giving loans to builders and colonizers. All
builders and developers profile are marked negative. This is not a good phase
for Indian Real Estate. The expert speaks of this as a huge financial crisis due
to poor policies and governance by Indian Government.
This is indeed the hardest time for Indian Real Estate
Market.
Global Market Research and Development Centre
No comments:
Post a Comment