Residential Projects in Gurgaon ďƒ˜ Known as the NCR hub, Gurgaon has seen growth in demand for new housing eventually for the third quarter in a row, as per the American bank. ďƒ˜ While, the slope in need had very little effect on rates, which has been rising with an average of 4.5% in all projects in the last three-month period, little project brought in the last three months, less stock and growth in expectations in stock led to a strengthening of prices.
ďƒ˜ Real-estate biggies like Unitech and DLF have a large and executed projects in the city, introduced lesser apartments to throw light on inventory clearance and execution.
ďƒ˜ The intake rate in the city is less but still manages to be the largest in the country in the 1 tier cities showing market trends in the market. ďƒ˜ The city has the best option for residential projects in Gurgoan and has the lowest unsold stock of non-sold flats in India. As per the study, the study will always show power on the back of increasing number of end-users and traders. ďƒ˜ Rates of the active residential campaigns in the city still have to move that direction irrespective to the weak and slow showcases and displaying need trends.
ďƒ˜ The city also experienced a slowdown in new introductions in the first three months of 2013. Housing rates have remained depressed in the city due to a large number of launches, tepid price appreciation and bad execution.
ďƒ˜ Being one of the most perfectly rated cities in the 1 tier I cities and its reduction rate is sustained and non-sold stock continues to increase from the year 2010.
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