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Property demand: Chennai, Gurgaon hot, Mumbai cold

Posted on 05 April 2012

The sluggish property market in Mumbai is not an indicator of the boom witnessed in the rest of India. If the absorption rate of property is anything to go by, Bangalore, Chennai, Gurgaon are witnessing a significant demand for residential property.
Here are trends that could help you comprehend the trend in each city: Absorption rate: Absorption rate is the number of apartments sold per month of the inventory in a particular market. It is an indicator of the demand situation in a particular real estate market………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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