State election results bring renewed hope to the UP real estate sector, signaling a potential market upswing and a departure from traditional political strategies. The impact of the results is expected to revitalize the sector and boost investor confidence in the market.
Real estate developers in India reported improved cash flow and reduced debt in Q2 2023, driven by project handovers and fundraising. DLF and Godrej Properties are actively reducing debt, while HDIL saw a surge in collections.