Indian real estate sector witnessed nearly 20% decline in sales in seven major cities. However, the prices have been stable as new supply declined by 34% as compared to the same period last year.
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 Markets are waiting for quarterly results for the next move.
Indian markets witnessed an interesting week and stock indices have been hovering around their all-time high.
Indian real estate sector has witnessed decline in sales and prices have remained stagnant over the last few years.
Indian markets have witnessed slight pullback over the last few trading sessions and mid-cap stocks have gained momentum. Markets are expected to remain range-bound in the next couple of weeks.
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