Chennai remained the most expensive real estate market in South India. Among major cities Chennai, Hyderabad, and Bangalore, the price of real estate has firmed up in several posh locations.
Indian Real estate sector in major cities has witnessed decline in inventory levels and prices have started firming up.
Housing has become expensive in many of the good locations in Delhi-NCR and many people find it out of their reach.
The Indian real estate sector is still hamstrung by the generalized economic slowdown, and the unsold inventory of 6.65 lakh units across seven major cities remains a hard fact.
The Indian festive season, ushered in by Ganesh Chaturthi, has begun and investment decisions are being made.
Over the years, the religious aspect of increased home buying sentiment in the festive season has waned to some extent.
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