Demand slowdown
The Confederation of Real Estate Developers Association (CREDAI), on Wednesday, called for comprehensive reforms in areas related to land administration, banking and taxation to lift the realty sector and support in meeting the shortage of 26 million houses. CREDAI unveiled 10-point agenda to revive the sector, which is facing demand slowdown due to high interest [...] Continue Reading »
The country’s leading realty consultant Jones Lang LaSalle pointed out that the projects would be delayed, unsold housing stock will rise and developers might have to offer new projects at 10-15 per cent discount, all because of a slowdown in property demand. Indian real estate sector is likely to see a gloomy phase in the [...] Continue Reading »
