Saturday, January 31, 2009

Ride High on a Buyer's Market

As the incentives to the sector sink in, the demand for housing will show some strong action, most likely in the second half of the year.

A Prominent develop says, Hyderabad has seen a 30% correction and it is now a buyer's market. there has been a gentle revival in pockets in the city. Developers are trying to weave different combinations to entice the buyer to the market, so we have a string of newly focused affordable housing projects mushrooming all over the city. Many developers have also re-launched their projects with revised pricing. But the prices will have to be rationalised further to bring in larger number of buyers.

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