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Alluring And most Highest Class And Ultimate Specifications

The demand for residential property market has dipped by ten percent in the 3rd quarter over the previous quarter due to a mixture of factors. Consecutive hikes in house loan lending rates/ property costs/affordability & uncertainty in economy have contributed to the scenario resulting in a dip in demand of real estate Bangalore. Prestige Temple BellsThe Real Estate Bangalore market saw absorption of 3743 in 3Q11 against 4301 units 2Q11/as absorption rate declined from 13 percent to eleven percent in 3Q11/in line with Jones Lang LaSalle’s property intelligence service report. In 3Q11/unsold stock in Bangalore totaled 31208 residential units compared to 27334 units reflective a percentage of 51.3% in 3Q11/up from 45.9% in 2Q11. Whereas 38 percent of the unsold units are in the Hosur road submarket, the Bellary road sub-market has nineteen percent of the unsold units. For Details of Prestige Temple Bellscall @ 8971315026 According to Mr. N S Srinivasa Reddy/residential analyst/Bangalore/Jones Lang LaSalle/ Bangalore real estate market saw the launch of twenty three residential projects are across submarkets in 3Q11, giving a total of 7817 new units. Meanwhile/thirteen residential projects comprising 6171 units across different submarkets were withdrawn from active stock, as they were utterly sold out. The Hosur road submarket contributed to over 40 percent of the new launches in 3Q11. Among the outstanding new launches throughout 3Q11 were DLF Maiden Heights at Rajapura by DLF, Brigade Meadows at Kanakapura road by Brigade construction, & Nitesh Cape Cod at Marathalli by Nitesh Estates. One other illustrious builders Prestige construction launched a magnificence residential property in Bangalore on Edward road in the prime central submarket at a launch value of Rs 21000 per square feet besides Prestige Sunny Side & Prestige Park View on Hosur road & Whitefield.
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