Residential real estate continues to struggle, office leasing strongest in three years
It will take at least two years to get back buyers’ confidence in residential sector, before we can expect any substantial demand, say experts
Sales in the residential housing segment has been gradually coming down since 2013-14, and the sector is struggling even after almost five years of sluggishness. As a result, inventory level continues to remain high in the segment, despite fewer project launches. However, commercial real estate, especially the office segment, is in a healthy state if we consider demand and leasing.
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