Amravati real estate market witnessed initial euphoria but the prices have declined in many segments in the recent months as the government projects for the capital have been delayed.

Affordable housing has been the buzzword in Indian real estate sector for the last few years.

Indian Stock Markets jumped after Finance Minister announced reduction in corporate tax.

Finance Minister made a surprise announcement on Friday about reducing corporate tax to 25.17 percent.

Indian markets have witnessed slight pullback over the last few trading sessions and mid-cap stocks have gained momentum. Markets are expected to remain range-bound in the next couple of weeks.

Major Indian cities have witnessed decline in pending apartments for sale as developers reduced their investments in new developments.