Real estate professionals are unanimous in one prediction: Things will start looking up for the sector only in the second half of 2014, after the general elections, when clarity on the new government will emerge and businesses start investing.
2013 was clearly a dull year for real estate, when all asset classes — residential, office and retailproperties — barring some cities such as Bangalore saw a steady decline in absorption.
Residential Absorption of residential units in most cities such as Mumbai, Delhi-NCR and Pune went down in the first three quarters of 2013. Read More@
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