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Thursday, March 29, 2012

[RWA-Mascot:293] Re: Appreciation of Rates in Crossings!

I have too heard the same in IREF forum, a real estate forum.
All builders are selling at least 2600 + rates. For end user, I think this is the last bus to catch.

There is also rumor that Builders are working with SP for really good news around Metro, Infrastructure development, so that they can earn more.. and in turn SP. NH24 is now kept on fast track by NHAI.

Enjoy the show.

-GD


On Wednesday, March 28, 2012 5:56:36 PM UTC+5:30, Gurpreet Singh wrote:
Since last weekend, I had been surveying various builder societies with in Crossings for investment by one of my close relatives and I have found that at-least three builders i.e. Paramount, Mahagun and Ajinara have revised their rates to Rs 3000 per sqft.

Though am not very convinced its due to actual market appreciation or else false tactics by builders to increase their profit margins.

--
Gurpreet Singh

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