2018: A Year Of Reckoning For Real Estate Sector

Though the fledgling real estate sector facing a slowdown due to the weak residential segment showed signs of recovery this year with affordable and mid-segment housing driving sales amidst largely stagnant prices, the liquidity crisis gripping NBFCs, a major source of funding for realty, put the brakes on recovery. And with the assembly polls and upcoming general elections further casting a pall of uncertainty over the liquidity situation in the New Year, real estate is headed for a turbulent turnaround.

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