Market surprised everyone on the street today by a stunning move amid lots of pessimism post-budget.

Indian Stock markets are not impressed by the Union Budget presented on February 1 and have witnessed a decline.

Clearly, this was a ‘make or break’ Budget for the government with most sectors (including real estate) seeking concessions to boost consumption and investments.

Indian residential and commercial real estate sector was needing an effective and strong law regarding tenants and landlords as in many cases, both parties are at loggerheads due to ambiguous laws.

Indian real estate market is dominated by commercial real estate and housing in low end and medium end segments.

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