Indian real estate sector has been witnessing decline over last few years. However, the latest report suggests that 20% decline in housing sales have been offset by 34% decline in new launches.
Indian real estate sector has witnessed decline in sales and prices have remained stagnant over the last few years.
Housing has become expensive in many of the good locations in Delhi-NCR and many people find it out of their reach.
Indian real estate sector is undergoing consolidation. Real estate developers are extra careful after inventory pile-up in the recent years.
Indian public sector banks have been suffering for last few years due to high non-performing assets. The banking sector needs government's support and strong reforms for its revival.
Indian government has been planning consolidation of public sector banks for quite some time.
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