Developers across the top six cities of the country--Mumbai, NCR, Bengaluru, Chennai, Hyderabad and Pune—are continuing to restrict new residential project launches because of an oversupply situation over the last 8 quarters, said Samantak Das, chief economist and director research at property advisory firm Knight Frank India.
New launches have nearly halved in the January-March 2015 quarter over the same period last year even as sales volume has remained steady. The FICCI-Knight Fran ..
Read Full Story: Real estate stakeholders sentiment continues to fall: FICCI-Knight Frank
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