Real estate market in India 2018: Mumbai, Delhi, Gurgaon, Noida to Bengaluru, housing sales in difficulties.

Real estate market in India 2018: Mumbai, Delhi, Gurgaon, Noida to Bengaluru, housing sales in difficulties.

Real estate market in India 2018: Mumbai, Delhi, Gurgaon, Noida to Bengaluru real estate market had a large number of unsold real estate. Among the top cities, however, Kolkata had the lowest number of unsold properties.

Real Estate Market in India 2018: A recent survey by property consultant JLL India revealed that in 2017, a total of 4.4 lakh houses were not sold. The survey was conducted in seven major cities, of which Delhi-NCR emanated maximum number of hanging objects. Data showed that in Delhi about 1,550,654 units remained unsold in 2017, but Chennai had the highest proportion of completely unsold properties of about 20%.

A JLL India conducted a survey in cities such as Mumbai, Delhi - NCR, Hyderabad, Pune, Bengaluru and Kolkata. Among the top cities, Kolkata had the lowest number of unsold properties - somewhere around 26,000 units. Hyderabad, on the other hand, recorded 28,000 unsold units. From the total unsold stock it was known that 34,700 residential units were ready-to-move apartments.

It must be noted that Delhi is among the most expensive premium office locations in the world, and earlier another study found that most home buyers would rather buy a property near their workplace in this city.

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Irwin Preet Singh Anand, director of Foreign Affairs, said: "Regarding the information provided by the GST and RERA, the Steuerlast may die due to the Verbraucher's age and the Vertrauen der verbraucher stärken, indem sie sermon, in den's investor. Transaktionen in Der Immobilienbranche im Jahr 2018. "

Ramesh Nair, PDG and chef of the JLL Inde, said: "Der Wohnungsmarkt befindet is a sign of Zeit aufgrund vieler struktureller Veränderungen im Wartemodus", a PTI front.

Nair sagte: "It's possible to have a dusk auspicious, which is in the vertical area, and it's a bit more stable than the preise anziehen wird, was den Einstieg attraktiv macht.