A Merc free with the apartment, time to get both?


Things just don’t seem to get any better for the sector. I happened to drive along Gurgaon’s largely vacant growth corridors on a weekend. If number of “Stalls” of intermediaries is anything to go by, seems the activity is back, though there weren’t many people under those “tents” which are a peculiarity of NCR. Price discovery, discounts, foreign trips, GST waivers & yes a Mercedes with apartments purchases are just a few ways to get people to notice the property. We are still collating the right data but we believe the project visits and enquiries have dropped post RERA & GST. Not that it doesn’t impact other cities, they seem to be faring relatively better. Several months post RERA implementation, still only handful of portals work, RERA numbers are awaited and consumer seems to be pushing for resolution of his dispute. In UP and Haryana even the governments of the day seem to be engaging along with consumers in their continuous struggle to get their homes.
In the midst of it all propstory.com wears a new skin now as we are overhauling the surfing experience. With every change there are a bunch of issues that take time to stabilise so is the case with us. However, we hope you will derive the best readership experience in real estate with us.
The information has been curated from various sources and may not be verified as per RERA guidelines *
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