Heard from lot of sources that the Bestech Ananda has flopped. Lot of Inventory is left including lower floor 2 BHK. People are ready to sell at the 'Buy' rate. Panic selling has not started yet but Bestech is having sleepless nights because of the High Un-Sold inventory.

Bestech had received so many advance cheques that they thought they were Oberoi Reality and were launching the project in Manhattan. Priced it really high and it backfired.

Have we officially entered into a Bear Phase ?
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