Since 2010, 89,761 residential units have been launched in Bangalore, out of which 50,184 units are still remaining unsold. This shows the supply has exceeded demand in the Bangalore property market. According to a research, the city has been witnessing a slowdown in residential market since 2008.The city is observing increase in the residential population as most of the people are migrating to the city due to the soaring employment opportunities, the number of nuclear families are also increasing in the city. Despite of this rise in the residential demand, there is a demand-supply mismatch which is creating stock of housing units. During 2008, the unsold inventory was 14,636 units, in 2011 it got escalated to 31,369 and in first half of 2013, inventory further got increased to 50,184 units.There is a huge demand for properties that are priced between Rs. 3,500 to Rs. 5,000 per sq ft but due to the weak investment sentiments, there are not enough buyers for this section. Previously, maximum sales took place during the announcement of any new project launch but the scenario has change now. Since the potential buyers are not sure about the completion date, they are taking the process slow. People are now more cautious regarding investing in any project.Even though there is oversupply of residential units, the city is showing no signs of fall in property prices. Since 2008-09, the residential prices have risen steadily in Bangalore. The demand has remained steady as compared to the strong supply. This has resulted in steady decline in percentage of average price appreciation of the city. Bangalore property prices are seen to be more stable than other major cities like NCR and Mumbai. Some of the builders are reluctant to lower the prices as they think that the demand is stable.займ на карту без отказов круглосуточновзять кредит онлайн