Housing market in India Slowdown- Unsold inventory in major cities continues
- Estimates vary widely on both residential real estate sales and new housing project launches.
- Unsold inventory in major cities continues to be a grave problem.
- Affordable housing is an attractive area for developers big and small.
India’s housing market remains a mixed bag with no clear answers about when the sector could make a firm turnaround after a prolonged slump exacerbated by sweeping regulatory changes in the past two years.
Estimates vary widely on both residential real estate sales and new housing project launches when it comes to how they have fared this year as compared to a year ago. According to, property consultancy Knight Frank, real estate sales were, more or less, flat in the first half of this year compared to the same period last year despite a drop in home prices……… ………..CLICK HERE