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The Indian real estate market has been on shaky ground in recent weeks. The BSE Realty Index has tumbled nearly 15 per cent in the past month, rekindling memories of past downturns. A 9 per cent year-on-year drop in residential sales across India's top nine cities in 2024, according to PropEquity, has only added to concerns.
This article was originally published on February 08, 2025.