Due to Demonetization Real Estate Market Can be In Favor of Buyers

Due to Demonetisation Real Estate Market Can be In Favor of Buyers:

Gains of a buyer’s market

Real estate prices usually drop as inventory increases — but even if they don’t, negotiation power goes up. Some realtors refuse to understand the realities of a slow market and will not accept any offers less than what they feel they should get. If a buyer feels that he is not getting the best possible deal, he should be confident enough to walk away and look at the next option on the list. Remember that in a buyers’ market, it is the buyer who has the power. It pays to be aware of about one’s bargaining power. If the home has been in the market for several weeks or months, has perhaps already undergone some price reductions and is still unsold, it strongly suggests that the seller is hoping to sell it as soon as possible. In such a situation, it makes sense to ask the seller for add-ons such additional furniture or fixtures, apart from a heavy discount on the listed price.

Projects such as Jaypee Greens Wish Town in which some are ready to move in, apartments are available for resale. So seller of these projects who are really seeking to sell their property having some sluggish time and profit or property gain may take some time. Jaypee Greens Wish Town having the best location ever due to situated on Noida Greater Noida Expressway.