Shishir Baijal, chairman and managing director, Knight Frank India, talks about demand-supply mismatch
Knight Frank India, a real estate advisory, recently released the third edition of its half-yearly report on the real estate sector in India, in which it analysed the performance of residential and office markets in major cities in the first half of 2015. It also released its Real Estate Sentiment Index for the April-June quarter of 2015, along with Federation of Indian Chambers of Commerce and Industry. Both, the report and the index, indicate that there is a substantial decrease in demand and supply in the residential segment. Shishir Baijal, chairman and managing director of Knight Frank India shares his views on the prevailing conditions in the real estate market.
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