Chennai: Sales volume in the real estate sector in the city during the last one year witnessed a 33 percent decline owing to the impact of global slowdown due to high inflation and negative buyer sentiments, research firm Knight Frank said today.
"Chennai garnered an absorption of 3.5 million square feet. It is a drop of 15 percent from the previous year. City witnessed a drop in sales volume to the tune of 33 percent in 2013," Knight Frank said in a statement.
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"Chennai garnered an absorption of 3.5 million square feet. It is a drop of 15 percent from the previous year. City witnessed a drop in sales volume to the tune of 33 percent in 2013," Knight Frank said in a statement.
To read more please visit - zeenews
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