Afternoon D & C Dedicated To Mumbai
Home > Letters > Costlier homes in city

Costlier homes in city

Friday, April 07, 2017

Despite demonetisation to bring out black money, real estate rates are not coming down and  promoters are simply not ready to reduce rates.  The ready reckoner rates are beyond the capacity of the common man.  Union budget does not give the much needed reprieve for the middle class in order to buy affordable houses as well.  In all only very rich people can think of buying a home and the present situation will prevail for some more time. Government measures to ease out the situation did not yield any result as the stalemate continues in real estate prices. Mumbai Metro did not benefit much and the builders are waiting for bee line of buyers during festival days to make up their losses.  The very purpose of promoting affordable housing schme is defeated due to the price war and the buyer is put to test despite giving free stamp duty charges and also by giving gold coins on booking day.  It is not a buyer's market for sure.

— Abhishek Rama, Bhandup

COMMENTS
No Comments Posted
POST YOUR COMMENTS
Name:  
Email:    
Comments:
 
I refrain from making sexual overtures with my pa
Dr. Rajan B. Bhonsle, M.D. (Bom)
Consulting Sex Therapist & Counsellor
Dr. (Mrs.) Minnu R. Bhonsle, Ph.D.
Consulting Psychotherapist & Counsellor
Astrology
Select Sun sign:
 
Aries (Mar 21 - Apr 20)
Aries (Mar 21 - Apr 20)Maybe the way you’re handling difficult situations is becoming counterproductive. Don’t hedge your bets simply take up something that needs attention. You stand to benefit from short term deposits. A leisure pastime could lead to great achievements and could propel you into the limelight. There is someone interested in you romantically but you have not noticed. A certain development might show you the way to proceed.
- Advertising -
Want to add the beauty of Mykonos or Santorini to
Sunset, fine dining and a sparkling glass of wine
Recently, Cornitos introduced a few new flavours
Read More