Incomplete residential flats in Greater Noida, some 25 kilometres southeast of India’s capital New Delhi. Analysts see the country’s cash ban and new regulations to protect buyers as putting a damper on a recovery in property prices. Photo: AFP
India’s property sector unlikely to see revival as government cash ban bites
Other new regulations to protect buyers are forcing developers to defer project launches, further weighing on prices
Topic |
International Property
Incomplete residential flats in Greater Noida, some 25 kilometres southeast of India’s capital New Delhi. Analysts see the country’s cash ban and new regulations to protect buyers as putting a damper on a recovery in property prices. Photo: AFP