Real estate: from a smooth start to a bumpy end

There is never a dull moment in real estate. The year 2016 began promisingly in comparison to 2015, but isn’t likely to end that way. Policy developments by the government, which have led to unpredictable disruption in the short term, are projected to augur well for the industry as a whole in the long run. On the global front as well, developments like Brexit and the US presidential election are expected to have their bearing on the Indian real estate sector. The year will go down as a watershed year in the history of Indian real estate.

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