India, Nov. 29 -- The real estate sector in India has been in trouble for a while now, and if the latest reports are to be believed, the struggle may continue for a little while longer. According to the Composite House Price Index for 2018, house prices fell by 1.8% when compared to 2017, when adjusted for inflation. What's more, the Real Estate Sentiment Index for the second quarter of the year says that stakeholders have downgraded the outlook for the real estate sector to "pessimistic", at least for the next 6 months.
Meanwhile, there continues to be widespread anger among home buyers as projects across the country are getting stalled, with delivery dates delayed by years. In this article, we'll take a look at why the real estate sector...