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Property prices decline across top 8 cities in 2016

Property prices decline across top 8 cities in 2016

Friday, March 10, 2017, 3:44 PM

The average property prices declined steeply across top eight cities in the country, in 2016. Latest report from global property consultant Cushman & Wakefield said that ticket size of new launches across top eight cities saw an average decline of 14% year-on-year. Many developers are now recalibrating their market strategies, reducing effective cost of their property and restricting new launches to reduce their inventory.
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