The year 2014 was a difficult one for Indian realty across segments despite a change in the central government and positive moves by the new regime to stimulate growth.
Fundamental growth in the economy and inflation proved to be bug bears, besides job concerns in the salaried segment. All of this leading to dipping sales numbers in the residential segment starting in the middle of the year led to a stock pile up.
Commercial realty too had few takers as businesses were not expanding and but for a few large transactions in Bangalore and Hyderabad, the market has proved lacklustre.
by Deepak Varghese
The year 2014 was a difficult one for Indian realty across segments despite a change in the central government and positive moves by the new regime to stimulate growth.
Fundamental growth in the economy and inflation proved to be bug bears, besides job concerns in the salaried segment. All of this leading to dipping sales numbers in the residential segment starting in the middle of the year led to a stock pile up.
Commercial realty too had few takers as businesses were not expanding and but for a few large transactions in Bangalore and Hyderabad, the market has proved lacklustre.
Read More...
Visit us at:
www.indiaincorporated.com
To Top