Despite recovery in market conditions and sentiment, this festive season has failed to bring in cheers to the real estate industry as home buyers continue to remain cautious, according to industry experts.
Festive season is generally considered as the most important time for the realty sector as it records the highest number of sales, which is nearly 20-25 per cent more than non-festive period.
The real estate industry has always witnessed a rise in sales during the festive season especially on the back of freebies and incentives offered by the developers. However, despite recovery, there is no improvement in sales during the festive season, IndiaProperty.com
For More Information: http://businesstoday.intoday.in/story/festive-season-fails-to-bring-cheers-for-real-estate/1/211636.html
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