the same builder would have sold the apartments even at the drawingboard stage some years ago builders in south delhi generally enter into joint development agreements with plot owners after the construction of three individual floors one is given to the owner while the developer sells the rest in the market knight frank indias zaidi said prices could drop more if the economy doesnt pick up it is really difficult to find buyers today highvalue properties are taking six months or more to be sold zaidi said adding that the number of transactions in south delhi have halved in the last six to eight months bankers too say the slump in south delhis realty market is forcing distress sale there are others who are in businesses that are in perpetual demand and they are the ones lapping up properties on great discounts a banker who did not wish to be named said some people over leveraged themselves by buy multiple properties when the going was good now with the market slowing down they are looking at exiting but are unable to find buyers said sunil bhandari managing director of royale realtors india they have no option but to reduce their price expectations hence profits