UN­SOLD IN­VEN­TORY AND NEW LAUNCHES

HT Estates - - HTESTATES -

On ac­count of the high un­sold in­ven­tory, new launches in the Chen­nai realty mar­ket would wit­ness a rel­a­tively higher de­cline (12%), com­pared to ab­sorp­tion (9%).

The weighted av­er­age price in the Chen­nai mar­ket is pre­dicted to in­crease by 3% for the full year (2014) against the 5% in­crease wit­nessed in the first half of 2014.

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