CMIE data show slow growth in realty sector

CMIE data show slow growth in realty sector

The real estate sector is yet to show signs of recovery, new figures from the capex-tracking database of the Centre for Monitoring Indian Economy (CMIE) show. Project announcements in the December quarter plunged to their lowest since 2005, marking a fall of 91% from...

Will real estate be back on track in 2018?

In line with the past three-four years, the performance of real estate in 2017 was lacklustre in terms of growth in prices and sales. Reforms such as Real Estate (Regulation and Development) Act (RERA) and Goods & Services Tax (GST) and demonetisation   to curb...