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India’s Stressed Real Estate Market Is A Study In Contrasts
Two sets of data paint a conflicting picture of India’s housing market. Both are true.
04 Feb 2021, 04:35 PM IST
A common refrain in India's housing market is that bigger, better-funded developers are gobbling up stressed smaller peers. Yet, two sets of data throw up conflicting trends.An analysis of the real estate market in 60 cities by property consultant Liases Foras found that the number of developers has jumped since the year of demonetisation, the first in a series of setbacks for the sector. That suggests the market has broadened.Anothe...
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