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Market trends continue to favour the commercial segment which has witnessed a slight hike in the rental values across the key markets. Residential segment continue to be in the wait and watch mode. The signs of disruption are clearly visible in the realty sector, which continues to catch up with the sentiments and market dynamics. Amidst the whole chaos around changing legislations, there are players who are finding it difficult to manage the tide. Current situation opens up an opportunity of consolidation in the sector, wherein large players clearly lead the game. Apart from consolidation, developers are also looking at diversifying their business plans, with a mix of commercial and affordable housing also getting some share in their overall pie.
Key takeaways from this report are:
Market speak - Mr. Sudip Mullick – Partner, Khaitan & Co, to understand his views on RERA.
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