Earlier, big real estate companies used to put half page ads in DC Estates. The smaller ones either put in mid sized ads or sometimes very small ads. Last year, you would find anywhere between 20-40 advertisements in each weekly edition.
For the past several weeks, the DC Estates has reducted to half its previous size. From 4 pages earlier, it is now down to 2 pages.
That has been happening for roughly two months. But on Friday, 16 January 2009 not one single ad appeared in the entire DC Estates section. Essentially, not even one builder in Greater Hyderabad thought it worthwhile to put even a small ad.
A tell tale sign of the status of the real estate market and the interest being shown by real estate buyers!
1 comment:
Very true, the market is on a Decline.. builders and politician cum builders know it but are trying to fool as many as possible.. and not bringing thr prices down... if buyers continue the same way.. they will have to bow down.. not the right time to buy at all...
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