Residential Property

(BS) : Even as residential sales have picked up in the July-September quarter, compared to the previous quarters of the calendar year, property developers seem to be sacrificing margins for better volumes. For customers, this is the best time to buy as prices have reached the bottom and will only move up,” said Shrikanth Joshi, chief executive at L&T Realty. Margins in residential projects have come down from 20-30 per cent last year to 8-10 per cent in today´s market.