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Builders Of Property Pune Offering Incentives To Clear Off Their Inventory

Vinayy Kumarr
 


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The Pune real estate market is currently abounding with projects that have left buyers spoilt for choices. As the demand for Wakad flats for sale and other properties Pune increased, the city expanded to make provision for the rising demand of commercial and residential real estate. The city soon became one of fastest expanding city which was unaffected by the real estate slow down that gripped the Indian real estate. Since certain pockets of the city were able to offer affordable property Pune the demand never subsided in the city.

This prompted many builders to launch new projects in Pune. Most of developers were struggling to sell their unsold inventory but in Pune this was not a problem as this attracted several real estate giants to launch new projects in the city.

Soon these real estate developers brought huge land parcels to and started launching new projects offering commercial and residential property Pune.

However, this created an adverse affect on the real estate prices of Wakad flats for sale and other properties Pune as suddenly there a huge oversupply in the market. Currently, there is a huge buffet of property Pune from which a buyer can choose to buy the desired real estate asset. The demonetization move has also led to stagnation of the market which hs further fueled the oversupply problem. A few years back buying Wakad flats for sale and other properties Pune were considered as priced possession as these gave very high capital appreciation. Nevertheless, the scenario has now changed completely due to huge inventory overhang. Until the time there is a huge absorption of the unsold inventory the situation will not ease.

The buyers can however make the most of the situation and they can extract good deals from builders who are currently desperate to sell off their inventory.

Buying a ready to occupy property Pune in a good location is now very much a possibility with builders desperate to clear off their unsold inventory. With demonetization move, badly affecting the real estate market most of the builders are cash crunched as they are looking to quickly sell off Wakad flats for sale and other properties Pune in order to generate cash flows to fund other projects.

From cash discounts to free parking, foreign tours and fully furnished properties, dealers are not holding back and they are going all out to attract buyers to their projects. Buyers too are able to sense the situation and they too are negotiating hard to get the best deals.

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