bhopal over 30000 properties are waiting for buyers in the city experts point out that the real estate market has slightly improved but it would take another year for new big real estate projects to come up in the city as there are sufficient properties available to cater to the requirement of buyersas many as 346 real estate projects are ongoing in bhopal total units available in all types of projects were 57379 of them 24420 units have been sold while 32959 units are waiting for buyersamong the sold units 8703 are apartments 1161 are commercial spaces 4545 are individual houses and 9686 are plots in the unsold units 13477 are apartments 1700 are commercial spaces 4218 are individual houses and 13085 are plots as per the real estate regulatory authority till january last monthbuilders point out that the real estate market has slightly improved the buyers were unable to make up their mind after march last year on whether to buy a home or not but after life getting back to normal after lockdown the ones who were planning to buy homes in march last year are coming forwardin the real estate sector the business season starts from raksha bandhan and continues till march end as people buy homes for tax benefitthe stamp duty on sale and purchase of properties in urban areas was reduced from 3 to 1 between september and december last year which also slightly helped the markets look upeven after the rebate ended registry of properties did not go down in january this year the number of registries in bhopal was more than last year officials said 5700 registries were held last year in january 2020 while the total number of registries in january 2021 was 7150madhya pradesh spokesman of real estate developers associations of india credai manoj singh meek said the inquiries for the properties have increased and there is momentum in the affordable housing sector but at the same time the cost of building material has also gone up experts said pricewise also this is the right time to invest as prices were already at rock bottom and largely there have been no rate revision since 2013 diwali no new major projects were introduced in the city as there are enough ongoing and old projects waiting for buyers experts point out that new projects would start in 2022 if the markets continue to improve