Decreasing sales and investors put developers at risk - 0 views
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Purvi Joshi on 08 Oct 13It seems to be a tough time for some of the developers, as property sales are slowing going down while regular short-term investors are buying many properties and selling them off within months which are also narrowing down. In some cases, such investors are asking builders for refunds. Real estate market has not been witnessing apparent demand in the last few months, for which developers have been offering discounted rates to push sales. As a result of this, the inventory level has been rising and buyers are worried whether to invest or not.