Real Estate market is going through its worst patch with buyers sentiments turning pessimistic; sink to demonetization period lows, with maximum builders in the brink of bankruptcy. Why choose Reputable builders?
Sentiment for home buyers searching apartments in Bhubaneswar has reached all-time lows, as per SEO engine reports. Despite strict measures by the government buyers have slowed down their purchase and are waiting for prices to crash further. Is Real Estate a bubble or buyers are underestimating the fact that flats in Bhubaneswar are not worthy of being bought at such high estate prices. Few Builders have spoiled the market through unregularized pricing and bad customer service but on the other hand discipline and reputed builders have a bright chance to take the market share forward and deliver deserving service to the people of Bhubaneswar by delivering them state of the art flats in Bhubaneswar.
These were the supply-side challenges , now let’s have a look at the demand side challenges. Finance Ministry has announced many measures focusing on affordable housing, to improve the demand for the real estate industry. But still, the demand remains subdued as the general public is feeling the heat of inflation and is strapped from free cash flow. This requires more hardship measures from the government and full implementation of RERA to instill confidence among the minds of home buyers.