Real Estate Market Research Quiz

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Questions and Answers

What is the average ticket price of the apartments in the project?

₹11-12 crores

What is the importance of market research before starting a real estate project?

To avert financial loss and ensure good sales and profits.

Why is it better to spend on proper market research before starting a project?

To avoid sitting on unsold inventory worth crores.

What does the text define as 'objective data' in the context of real estate?

<p>Verifiable information based on facts and evidence, such as number of new launches, sales transactions data, etc.</p> Signup and view all the answers

What is the key characteristic of a successful real estate project as per the text?

<p>Good product, good sales, and good profits.</p> Signup and view all the answers

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