[REAL ESTATE NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Real estate news to share with you which is as undermentioned.
Flats are effectively being offered at a discount of 11-12 percent on the original price. Chennai: Joining the "whining" party of Credai and Builders' Association of India, worldwide real estate consultant and researcher firm Knight Frank has attributed the recent plunge (second half of 2017) in real estate industry to enactment of Real Estate (Regulation and Development) Act and Goods and Service tax Act.
The report said that the share of affordabl homes among new projects rocket frm 53 per cent in 2016 to 83 per cent in 2017 indicating developers' focus towards properties within Rs 5 lakh price bracket.
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Have a nice day.