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The price of much of the real estate in India has remained stagnant over the past few years and the number of real estate transactions has remained small compared to previous time periods. Adding to the gloom, demonetization has led to a further depressed national real estate market. In the minds of consumers, the price of much of the realestate in India is high and most are waiting for prices to drop before investing in real estate in the country.
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The story of real estate in India has not even just begun, most people in India who own a home today would be considered middle class or even lower middle class.
Real estate India today has boundless potential since the market for housing units has tens of crore’s of anxious customers.
While every economic segment has its aspirations, the dream of many Indians even today is to own piece of real estate in India before they are forty years of age.