No buyers, number of unsold houses piles up in all the cities

There seems to be somewhat a bad face for real estate industry. Most of the flats across the country are seen unsold. Investors are staying away as this could be the correction face.

Flats in remote areas are the most unsold one's, followed by the luxurious flats. Interest rates are not the best in the market which are holding the buyers.

Builders are coming up with lots of discounts and offers across the country to overcome this face. Due to this slow demand inventory cost's are getting higher and lots of delayed is been seen in getting the possession's of the flats.

But still no major correction is been seen in most part of the country.

There still lots of confusion with the customers, if its time to buy or to wait for the correction. A small correction could surely be seen in coming days considering the present trend.