>Real State of Real Estate in NCR, Pune, Mumbai & Chennai Bengaluru

■ High level of absorption witnessed in Bengaluru; unlike other cities where it is seeing downtrend


■ Mumbai with the danger of sharp increase in inventory on the back of several new launches is poised for property price correction


■ In NCR, Gurgaon and Noida are stronger markets compared to Greater Noida which has high level of inventory and slow pace of absorption


■ Bengaluru continues to be the strongest property market in India; high level of absorption is the key to avoid price correction


■ New Delhi has very low inventory; marginally above 2msf, no price correction expected


■  New launches have declined across the markets excluding Bengaluru


■ Absorption in Pune is following Mumbai property market trend; price correction expected unless the pace of newlaunches remain slow


■ Reasonable absorption level and the slower pace of new launches will help Chennai property prices to stabilise at the current levels

To read the full report: REAL ESTATE
RISH TRADER