Friday, January 31, 2020

Prices slashed for the first time ever of CWG Village flats by DDA by offering 30% discount

Prices slashed for the first time ever of CWG Village flats by DDA by offering 30% discount
The early try was made to sell off around 120 flats in CWG village. About a decade the few of 3 BHK
flat parcels were sold for 7 crores but unfortunately there was less response for the same.
This strategic decision came after the downturn of housing sectors and roping in good investors.
Even for the luxurious flats the price value has gone down from 7 crore to 4 crore. This sale is only
limited for government agencies. The prices of per square metre has also been slashed from
3,41,210 per square metre to 2,24,000 per square metre. The news of the same has been confirmed
by the Vice Chairman of DDA.
Even for the flat sizes that ranged between 175 square metres to 200 square metres annually there
was rise of 10% increase.
The last sale of the flat was recorded in CWG village was in 2017 when the markets were down. By
offering 30% discount there are chances of getting in more buyers and if there is need in future,
further also there would be slashes done in the pricing part.

No comments:

Post a Comment