Follow the Property Trend – Look if its liquidity crunch for developers. Developers would be more willing to negotiate on property deals if they are going through a phase of a liquidity crunch. If you are new to this term, here’s what liquidity crunch means: It is a defined economical stage when cash resources for any business are low, but demand is high. If liquidity crisis stays, a company would declare itself bankrupt. Businesses innovate newer models to mobilize their inventory in order to bring in cash to pay its resources, loans, and costs.
For a real estate market, liquidity crunch/liquidity crisis means a lot of good things for a consumer. If developers have invested a convincing amount of money in building flats and properties, which are not getting sales; they would probably ready to negotiate in order to control the costs.
So, look out where there is an inventory of properties than buyers. Ask developers about discount property deals. If they are serious and want to control the costs, they should avail you cheap prices property deals.
when there are more flats than buyers, asking developers for cheap property deals is better than at a time when there are more buyers than flats.