Kashmir's real estate sector faces turmoil with declining demand, increasing sellers, and falling property prices due to economic uncertainties.
Real estate brokers are underwriting new projects for developers facing a cash crunch in major metros, impacting sales figures and market stability.
Mumbai flat prices predicted to drop further, brokers advise waiting. Developers disagree, stating prices have stabilized after a 5-20% decrease.
NRIs are avoiding real estate investments in India due to the global economic downturn, significantly impacting the realty sector.
Maharashtra, known as the 'Power House of India', is witnessing rapid development in both residential and commercial real estate. The state's industrial growth has boosted real estate demand in cities like Mumbai, Pune, and Nagpur.
Chandigarh's thriving rental market, driven by increased demand from residents seeking affordable housing, offers a variety of options catering to diverse budgets and lifestyles.