Does India foresee a realty boom soon?
The carnage after the wake of Demonetization, RERA and the GST, led the Indian markets to speculate the tension concerning the real estate sector. It might seem truly tense to the Fat-Indian gentry, who may use the realty to stash their unaccounted income and hike up the property market. Instead, what the experts foresee is the rise of the service class and their quest to home themselves. It is a shift towards a fairer, and a more accommodative market, the Indian properties show no sign to fade away in their face value, believes Mint, an economic daily.