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Experts' Take

Ashim Bhanja Chowdhury, Head, Research & Analytics, BOP

Ashim Bhanja Chowdhury

The uncertainty looming over the present economic scenario and the prevailing subdued market sentiments clearly spells that the buyers are apprehensive to go overboard and make a long term commitment. Thus the real demand for affordable and mid-ranged housing will be the growth driver and successfully generate the required demand. The fact is evident from the transformation of the launches in the last few months which is more price and size sensitive thereby signaling a transition of the market.