Real Estate Trend and Launches in Bangalore To make matters worse, it’s likely that the numbers will further worsen when the estimates are revised with better-quality data.But these are extraordinary “once in one-and-a-half century” times, the govt has insisted. The government’s chief economic adviser attributed the deceleration to “exogenous factors”, pertaining to the Covid-19 pandemic and therefore the lockdowns it necessitated.The nationwide lockdown imposed from the last week of March severely hit the important estate sector, leading to many delayed launches. Fresh housing starts in Bangalore dropped 54% within the…
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