Inventory Declines in Bangalore

Top builders and developers are coming with different properties in Bangalore — apartments, flats, independent, houses, duplex, villas, serviced apartments but what about inventory? Are they able to sell these properties fast enough?

According to data of PropTiger — a real estate portal in India ” Bangalore, have the highest unsold inventory”. View the image below.

Bangalore with 107454 unsold properties is at the top of list. These data are 3 month old, so imagine how much more unsold inventory being added to the list. Bangalore is growing at a good pace, demand of luxury homes in Bangalore , office spaces in Bangalore are on high but on the same side there is pile of unsold inventory, which may be worry signal to builders.

This is the tough time for realtor for selling the apartments, office spaces. While investment in Bangalore is coming which may void the gap of unsold inventories but only time will tell what going to happen.