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Residential property prices dip in Mumbai, Chennai and Kolkata in H1

The findings are based on Knight Frank's India Real Estate review report for the period January - June 2019

Residential real estate market
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Puneet Wadhwa
The ongoing liquidity issues plaguing the financial sector, especially the non-bank finance companies (NBFCs) cast their shadow on the real estate segment as well in the first half of calendar year 2019 (H1CY19). In fact, the price movement / capital appreciation in most cities has not been able to beat inflation rate as well.

Price movement of residential property units in H1CY19 in Mumbai, Pune Chennai and Kolkata witnessed a drop of 3 per cent, 4 per cent, 3 per cent and 2 per cent respectively during the period. Prices in Bengaluru, the National Capital Region (NCR), Hyderabad and
Topics : NBFCs