Q3 will be better than the second, say bankers and builders.
Many developers are increasing prices by 15 to 30 per cent the moment they became sure of demand returning.
The country's largest realty firm, DLF, has mopped up about Rs 100 crore (Rs 1 billion) as booking amount for flats it had offered in the second phase of its housing project in the heart of the National Capital.
While the prices were lower than the market, the lowest effective price was 39 per cent higher than the lowest price it had charged during the first phase of the project this April.
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