Price correction supports realty

Image may be NSFW.
Clik here to view.
Photo by wilhei55 The real estate market is encouraged by price correction and low interest rates after few months of slump. The improvement is visible in residential sector, especially in low to mid-end housing segment. Level of enquiries went up and transaction velocity increased marginally as compared to first quarter of this yeaer. Most developers deferred plans for launching any new projects, the focus being on deploying the scarce resources on completing projects in hand.