The festive season is on and Diwali – the year’s most-awaited festival and also an auspicious time to buy a piece of property — is also round the corner. Still, the zest of real estate developers, who always bet big on this season for revival of fortunes, seems missing this time. Very few new launches, no big ads in newspapers and also, only a handful of festive offers. This despite a number of industry studies suggesting that both residential sales and new launches have shown significant growth during Q3 2021. So, in this situation, the question that automatically comes to one’s mind is: Will this be a Happy Diwali for real estate or not?
According to industry experts, the data coming in about the resilience and vibrancy of the residential
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