Indian real estate sector is showing strength in select regions and developers are very cautious about new project launches.
Indian real estate market has witnessed better sales during the first three quarters of year 2019, compared to the same period last year.
The real estate market of North Chennai has been sluggish and hasn’t grown at the same pace as the southern and western parts of the city.
North Chennai is an interesting location, waiting to pick up but there are a few factors which could boost growth in this region.
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 is undergoing consolidation. Real estate developers are extra careful after inventory pile-up in the recent years.
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