COMPETITION HOTS UP

There is good news for the property buyers, it is finally competition time in the property market today, as builders or developers have started competing with each other in placing their pricing policy. Several builders are seen slashing their prices in locations where there is abundant supply and a dearth of buyers. This trend is mostly visible in the suburbs and far suburbs but the signs are clear that a lot of builders are cutting prices to be the first ones to encash on the demand which come out. And this direction seems very healthy for the buyer or consumer as he is getting the benefit of the competition in the market, which earlier was only seen in the opposite manner, as to whose prices are higher.