Realty business confidence makes a comeback as realtors, banks, PE firms optimistic

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Realty business confidence makes a comeback as realtors, banks, PE firms optimistic
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, ET Bureau
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Synopsis

While real estate activity in both residential and commercial segments saw an upturn following in the last few months, many were doubtful of the momentum after factoring the conversion of pent-up demand. The business confidence is witnessing a gradual comeback aided by the government’s supportive measures, record low interest rates and the resultant pick-up in end-user demand.