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Property Inventories Rise But Prices Hold Up

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October 3: Worsening economic conditions, inflation and steep interest rates have dampened India’s real estate sector. Unsold homes at all-time highs are choking the cash flow for builders. This should have normally led to a price correction yet prices have firmed despite slowing demand. In this segment, we ask Pankaj Kapoor of Liases Foras about the future for the real estate sector with the boom tapering off.