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Indian House Buyers get a Reprieve | DLF Suffers

Posted By On 10:27 AM Under ,

1. Indian property buyers are in for a surprise as they are getting hefty bargains even on the discounted prrices being offered by the builders. Moreover the home loans have aslo fallen to significant levels.

2. DLF has provided a relief of 20% in the prices of its flats at a number of locations and same is to facilitate that the buyers do not default on their payments.

3. In a surprise move at Bangalore 300 buyers refused to leave the premises of DLF unless they got their refund back for the booked flats. Seeing all this one can say that it is a definite difficult time for the developers who were raking money due to surging economy.

4. In view of all above developments a number of brokerage houses have reduced the target of DLF from Rs 453 to 340.

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