What is your outlook for the Real Estate Sector in FY 2023 and beyond?
The country’s real estate market was greatly affected by the Covid-19 pandemic. The residential sector was the worst hit as strict lockdown measures across major cities in India impacted housing sales; home registrations were suspended, and home loan disbursement was slow. However, the sector is in a recovering phase due to the increase in house sales, new project launches, and increasing demand for new office and commercial spaces.
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