Quote:
Originally Posted by saggii
Jitu_Sir,
recently I have been talking with various sales/builder community, it definitely feels like the market is really tight. Sales are not quite happening, cash crunches and various other factors are making things tight (ofcourse lending rates are also going to be equally tough).
Talking about rates I think it will only come down in like year to 2 years time not before that.
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Dear saggii,
It's difficult to judge market dynamics. Though we had seen some reduction in enquiries in last few months for some reasons. As regards sales then they are still happening at Samrajya.
Quote:
Originally Posted by saggii
What do you think as a builder about the current situation and RE in general for medium term perspective. Ofcourse you must be RE buller and there is no reason for your firm to get in any financial trouble (or is there any trouble?  ), but keeping this apart what are your views on it? Or am I misjudging the scene? |
The current situation seems to remain stable for sometime. Whether it will go up or down is unpredictable. Today we see most conversions through endusers rather than investors.