Market study reveals that there is lack of confidence and sentiment in customers to actually come forward and swiftly make real estate buying decisions today. They are waiting for a price drop scenario now.
At a time when the Indian real estate is experiencing solid demand for properties, specifically in the affordable real estate segment, homebuyers are looking forward to dropping of price points in the near term.
This fact came into light in a recent buyer sentiment survey done by IIM Bangalore in the cities of Ahmedabad, Bengaluru, Chennai, Delhi, Gurgaon, Hyderabad, Kolkata, Mumbai, Noida and Pune. [Read more...]