Categories: Commercial Market

2018 was a year of stabilization of reforms implemented in residential real estate over 2016-17 – Ankur Dhawan- Chief Investment Officer- PropTiger.com

New Delhi, December 23, 2018: “2018 was a year of stabilization of reforms implemented in residential real estate over 2016-17. Good news came from sales numbers which saw 25% improvement over 2017. Not only sales improved but unsold inventory also reduced by 14%. Developers also completed 55% more units in 2018. Though sector is not completely out of stress, especially due to liquidity woes caused by NBFC crisis and increased compliance of RERA. We expect 2019 to be a stable year with minor improvement in key metrics of sales, launches and prices.”

Corporate Comm India(CCI Newswire)

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