Do you want to buy property in Delhi NCR, Then this is the right time to buy property in Delhi NCR, Due to the real estate prices are going to come down in the following 6 months.
In the last 3 years, this is the first time the residential NCR properties has verified a slowdown. so that the real estate prices 50%slow down in that region. So that the experts in realtors have opined this is one of the major contributors of slow down the property prices.
Fall in Property Prices:
If you are buying your luxury property in Delhi NCR, This is the right time to buy your luxury apartment. In recent times, There has been a particular fall in the real estate market prices in the posh south Delhi. In addition, the investors in the real estate field have become distressed sellers. The Delhi NCR is witnessing the availability of many hopeless deals in the market. People are hopeless to sell off their properties, as they need money for various purpose. They are even ready to sell their apartments at the lowest prices.
Unsold inventory is helping the buyers:
Most of the agent has claimed that almost all the builders in Delhi NCR meet the problem of unsold inventory. They are unable to hold on the stock inventory at all as they are distressed for cash. In addition, the real estate customer is taking much more time to create their mind buying a property. Due to the unsold inventory, the problem is a major concern for slowing down the property prices. The real estate customers are now happy to feel an upper hand to manage the negotiate payment in their own favour for up to 6 months.
Buyers have an upper hand
For buying the apartment in Delhi, It is the right time to buy the apartment in Delhi NCR. The real estate developers have slowly decreased their prices and providing various attractive offers to pull the buyers towards their properties. Finally, Purchasing a home in Delhi is the best option. The real estate agents in Delhi are quite distressed to sell, and the buyer will get the right option at the right price.
Further slowing down the property prices will not happen frequently in the future as the new policies of New Delhi, towards the development of infrastructure and land. So are you planning to buy a property in Delhi, Then Don’t waste your time.
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