Property rates coming down is not always beneficial for those who have small budgets

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	Property rates coming down is not always beneficial for those who have small budgets

Ravi_Karandeekar

10-13-2008 7:05 AM

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tags:

pune real estate market news, property rates, real estate prices, real estate

Ravi_Karandeekar says:

"In real estate market "Property rates coming down (without construction cost and land cost coming down is bad for the builder!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/607695b7-edc9-4b91-88d5-42e954d497ea/441A26B3-660D-4763-B0AB-9CB6CB90D6F4/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://ravikarandeekarsblog.blogspot.com/2008/06/ashok-piramals-peninsula-land-ltd-to.html?showComment=1223895420000#c3336072374772858131" href="http://ravikarandeekarsblog.blogspot.com/2008/06/ashok-piramals-peninsula-land-ltd-to.html?showComment=1223895420000#c3336072374772858131" style="font-size: 11px;">ravikarandeekarsblog.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://ravikarandeekarsblog.blogspot.com/2008/06/ashok-piramals-peninsula-land-ltd-to.html?showComment=1223895420000#c3336072374772858131">Low rates means less profit for the builder! Builders are in this industry because of the profit margins, not to fulfill the housing needs. If rates come down, builders always go for high budget luxurious product mix like row houses, bungalows or specious flats - condos - to maintain the profitability. Fortunately, in towns like Pune or Metros like Mumbai and New Delhi there are enough people who have big budgets but do not find the suitable property!</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/441A26B3-660D-4763-B0AB-9CB6CB90D6F4/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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