
In the last few years, the real estate sector has battled a number of headwinds from disruptive policy reforms (though good for the long term), margin compression, tight liquidity, and Covid-19. This has caused a massive consolidation, driving many developers out of business, while rewarding the survivors with higher market share. Accompanied by tight availability of credit in the sector, this consolidation will also help keep the oversupply risk in check in the coming years.
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First Published: Thu, April 22 2021. 01:59 IST
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