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Consolidation Saved A Few Real Estate Projects, But Hasn’t Driven Sales
Is consolidation helping residential real estate?
30 Oct 2019, 07:21 PM IST
As India’s developers find it tough to raise funds, well-funded larger peers have either taken over or are helping complete stressed projects. But that’s helped only a small number of under-construction apartment blocks with no substantial boost to real estate sales.A year ago, the sector was still limping out of the setbacks of Prime Minister Narendra Modi’s overnight cash ban in November 2016 and the goods and services tax rollout ...
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