Real estate sector expects growth to come with clear mandate to one party.
“With so much riding on the general elections, we are happy that the results indicate a stable and progressive government coming in place. The last couple of years were not the best years for the Indian real estate, and the slowdown impacted all asset classes,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.
“The economic and political stability will act as a catalyst for revival of the real estate sector in India. The stakeholders are cheerful and expect the business environment to be upbeat in the coming six months,” he added.