Real estate demand expected to plunge 50-70% in FY21: CRISIL

NEW DELHI: The already languishing residential real estate demand is expected to plunge 50-70% year-on-year in the financial year 2020-21, according to CRISIL. With demand going down, capital values will remain under pressure across cities. CRISIL expects a price correction of 5-15% across ticket sizes.

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