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.
Over a million job cuts were predicted in the automotive components segment, and tens of thousands in manufacturing units across the country's automobile hubs.
Indian real estate sector is undergoing consolidation. Real estate developers are extra careful after inventory pile-up in the recent years.
The government’s slew of measures to revive various sectors, including the automobile industry, isn’t just a booster shot for these industries’ stakeholders.
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