New Delhi: Real estate Statistics of the last six to eight months across the country are showing a 40% rise in the sale of resale houses. Dale of newer properties are falling for a number of reasons besides buyers becoming more averse of taking the risk of a new under construction house.Punjab national bank as well as Indiabulls Housing Finance has admitted that loans are mostly being taken to buy resale properties or homes that are in the last stage of being constructed.Previously people were buying pre-launch houses as there were various schemes in those projects through which a buyer can save money. But it became increasingly evident that these projects can often over shoot the limit of time in which they promise to be completed. According to recent research into under construction projects about 900,000 projects are supposed to be delayed by up to 18 months. Slowing down of economy and almost the sky splitting rise of property prices has also made home buyers turn away from buying first hand homes.According to managing director of mortgage lender HDFC Ltd., Renu Sud Karnad, “People are more comfortable today buying homes that they can move in to or have a visibility of getting delivery soon.”Most new homes in cities like Delhi, Mumbai, Noida and Gurgaon had been picked up by investors and speculators. But with the slowing of market they are in a mode of ‘distress selling’ which is proving to be good opportunity for home buyers.Those who are buying resale homes are mostly end users who want to play it safe and not undertake the risk created by construction delays.Demand for resale houses has increased as the prices in this market segment has remained stable. As for new project that people either do not trust or cannot afford them. Therefore launch of new projects in various cities has also declined.займ на карту без отказов круглосуточновзять кредит онлайн