If a home buyer has booked a flat and the occupancy certificate for it has been issued before April 1, but he still has some payment due towards the purchase, then he will not get the benefit of lower.
We met Mr. Prashant Thakur, Head - Research of ANAROCK. Discussing the Indian real estate market, Mr. Thakur spoke at length on key trends in the top-7 Indian cities — Mumbai, NCRDelhi, Bengaluru, Chennai, Pune, Hyderabad and Kolkata.
Based on our interaction with industry experts at the Confederation of Indian Industry (CII) conference held recently, we maintain our pessimistic view on the residential real estate segment as first enunciated in our report.
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