Buyers aren't simply buying. There are no buyers even for builder's pre-launch offers. The financiers to builders have pulled out due to which builders face liquidity crunch. Slowdown in economy, job cuts, no increments especially in high paying jobs like IT Builders are having nightmares. To get rid of this they have to stop day dreaming & reduce prices as there is now no other way out.
The current infrastructure doesn't allow high prices. No proper water, DP roads, 'Proposed XYZ' etc. & prices are well above 3200/-.
Heard there are stalls for property show in IT companies in hinjewadi. Developers have NO business outside.So now thay are coming to IT companies and setting up stalls, handing out brochures.These ppl are just like those credit card / mobile connection roaming agents, asking people to buy their products.
Despite of all offers of Palash2i, Park street, and one news 15 days back about Bravuira@Baner at 2600 looks costier as of now and people should wait for 50-70% real estate correction.
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