Housing Gross sales Rise 50% In 2018, But Liquidity Crunch Limits Restoration
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This fall, one group of real property agents, as all brokers do, adopted a cardinal rule of the property market: location, location, location. They have been searching for a quiet spot with few neighbors and good waterfront entry — to dispose of the our bodies of shoppers who had gotten in the way of their making, well, a killing out there. However, sales might surge within the second half if a proposal to chop GST charge on underneath-construction flats from the present 12 per cent gets approved and liquidity state of affairs improves among NBFCs (non-banking finance corporations), which have been funding the actual property sector heavily.
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