Rise, Fall, Controversies In 2011, But 2012 Seems To Be All Lucrative


New Delhi, December 2011: Last year, for real-estate was full of happenings. It has seen lot of ups and down during the year 2011 .The growth in the sector has seen steep curves, with this scenario the sector is faced with a great challenge to provide the products combining affordability, comfort and quality.

Taking consideration of the same scenario, Mr. Ashwani Prakash, Executive Director, Paramount Group speaks how Indian real estate industry stand up facing enormous difficulties but still proved itself as one of the best. “Indian real-estate had set an example during the recession of 2008-09 as it recovered in the shortest possible time as compared to the global real-estate sector which is still struggling to come out of the bad patch. Considering the past we can be optimistic that the macroeconomic conditions would not make much impact on the Indian real-estate market during 2012.” he said

“Year 2011 seems to be providing relief to the industry with the market, once again settling down and the customers are out again to full fill their residential requirements. The developers are happy to see the generation of demand in the market and at the same time the properties in all ranges are available for the customers to choose as per their choice and budget which will provide a boost to this segment in year 2012.” Mr. Prakash added.

Going forward Mr. Prakash said, “In last 1 year the real-estate sector has seen a trend of price stability. In spite of the rise in the raw material prices and other market factor, the real-estate sector had tried to absorb such changes. The customers in the market are also well aware of these changing trends and feel that the current market prices in the real-estate are at the lowest level. Some areas, in fact have started showing the rising sentiments.”

About Paramount Group
Paramount group is a well know name in real estate. Paramount Group is able to deliver on the promises as the group has a team of highly experienced engineers architects, and qualified management professionals. The group has 15 years of experience and believes in quality service and timely possession to customers.

With the commitment to quality, strict adherence to time schedule and the principle of giving best value for customer’s money, Paramount group have earned the goodwill and respect of growing number of satisfied clients.

The group specializes in designing unique project designs that are well suited to buyers’ lifestyle combined with innovative financing possibilities.
Paramount Group today is a leading name in quality housing and township development. It has emerged as one of the leading builders in the NCR region.


The Paramount Group is committed to build up its business, keeping in view, the overall betterment of the society. Furthermore, its existing projects clearly speak of class, style and comfort. Thus, the journey of Paramount Group is largely about making a difference, without compromising on quality. 

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