THE REALTY MARKET ACROSS BANGALORE IS DOWN


THE REALTY MARKET (APARTMENTS/SITES/VILLAS/ROW HOUSES/COMMERCIAL COMPLEXES) IS DOWN AND THE BUILDERS/DEVELOPERS/RESELLERS ARE ON PROWL IN THE MARKET TO DUMP THEIR INVENTORY WITH FULL PLEDGED ADVERTISEMENT AND ALL KINDS OF APPEASEMENTS.

IT IS TRUE THAT OVER 1,50,000 PROPERTIES OF ALL SIZES AND IN ALL AREAS ON LYING UNSOLD.  THE GREEDY INVESTORS ARE FINDING IT DIFFICULT TO DUMP THEIR UNSOLD PROPERTIES AND ARE COMING UP WITH VARIED OFFERS TO CLEAR IT.

THE RENTAL MARKET IS ALSO VERY WEAK.  HUGE NUMBER OF COMMERCIAL PROPERTIES ARE PILING UP WITH NO TAKERS.