5 Questions
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?
Verifiable information based on facts and evidence, such as number of new launches, sales transactions data, etc.
What is the key characteristic of a successful real estate project as per the text?
Good product, good sales, and good profits.
Test your knowledge on the importance of market research in real estate projects with this quiz. Explore the significance of market insights, developer announcements, and financial implications to understand the impact of research on project success.
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