Residential real estate: Prices drop in Mumbai, Pune, Chennai, Kolkata

How is India’s residential real estate market looking? Two reports released this week has some good news for homebuyers. Prices aren’t swinging much – in fact, they are barely rising in most cities. Although the Real Estate (Regulation and Development) Act or RERA is yet to settle down in many states, there is possibly some impact in terms of higher homebuyer confidence.

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