Realty Update

Realty Update

Anshuman Magazine, CMD, CBRE South Asia, has observed positive sentiments rising in the residential segment driven by the emergence of a stable, pro-reforms government at the centre. Home buyers and investors who were planning to invest in property, have been expecting positive policy changes that in turn are likely to boost the housing segment, going forward. In line with the preceding months, the largest quantum of new launches were observed in the mid-end category; mainly in cities such as Chennai, the Delhi NCR, Mumbai, and Bangalore. Residential activity remained subdued in Hyderabad and Kolkata during the month; while locations such as Whitefield/Kanakpura/Harlur Main Road (Bangalore), Gurgaon/Greater Noida (Delhi NCR), witnessed significant development.

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