Real estate market across the country is witnessing a slowdown this can result into an advantage for the property buyer. The slow down in the market is encouraging developers and builders to opt for various schemes to attract home buyers.Mumbai was the first real estate market to witness this slowdown, from a year Mumbai’s market has not seen any significant activities in the real estate market. The NCR real estate market witnessed 1.4 lakh unsold housing units in the past fiscal year.Sanjay Dutt, Executive Managing Director of Cushman and Wakefield said that this is the good time for the property buyers, especially in projects situated in locations that would have been difficult to buy when the market is in good position.Many experts have predicted that the slowdown will continue until the May 2014 general elections. Sanjay Sharma of Qubrex said that this situation will turn into a buyer’s market. Be patient and make a bid on properties while buying.Currently developers are offering several schemes and EMI scheme and 20:80 schemes in the current market. In EMI Scheme buyer makes 30 per cent deposit and developer will pay the EMI’s till the possession and in 20:80 scheme buyer pays 20 percent at the start and remaining can be paid at the time of possession.Real estate experts have predicted that the situation will remain same for next one year and the property prices will also witness low fluctuations in market.займ на карту без отказов круглосуточновзять кредит онлайн
