Mumbai: The four- day property exhibition organized by MCHI-CREDAI that started on Thursday is receiving a good response from the buyers. The day one of the exhibition observed that most of the homebuyers were targeting affordable housing projects.The economic slowdown which has led to trivial price cut in some projects is gaining attention from the potential homebuyers. The property rates are trimmed down by Rs. 500 to Rs.1000 per square foot. Neptune Developers for its property in Bhandup and Mantri Group for its Goregaon property have priced Rs.10, 500 per square foot. The Acme Group has rated Rs.10, 500 per square foot for its project Oasis in Kandivli and for the other project in Andheri the cost is Rs.16, 000 per square foot.Even though the prices of some premium projects have remained constant, homebuyers are showing interest. The minimum cost of the posh Ajmera Aeon project is Rs. 3 crore whereas Kalpataru Radiance at Goregaon was priced Rs. 12, 771 per square foot. The initial apartment price of Sheth Creators is Rs. 1.5 crore. A studio apartment which is of 500 square feet offered by Kumar Urban Development Ltd is priced Rs. 72 lakh.Real estate sector was witnessing a downfall for past two years mainly due to the inflated property prices and the hike in interest rates presented by banks.Apart from asking developers to lower their property prices even the bank should ease the home loan norms and request the state to give incentives so that the sales can boost up.займ на карту без отказов круглосуточновзять кредит онлайн