The real estate market, once a high-growth sector, is currently facing challenges due to economic slowdown and revised funding rules. Experts advise caution and research before investing.
The Government has finalized rules for the Land Acquisition Act, emphasizing fair compensation and transparency. Public comments are invited within 45 days.
India's new Land Acquisition Bill mandates landowner consent, impacting residential prices. Real estate experts predict rising housing costs due to increased compensation and project complexities.