Here is what happened in the past 12 months in the Indian Real Estate Space.
Bad to Worse Market Conditions 20-Oct-08
First Official Price Cut in the Sector 23-Nov-08
Price Softening Becomes More Widespread 7-Dec-08
Price Cuts Accelerating, Land Bank Contraction Begins 19-Feb-09
Price Cut Party Getting Bigger; New Launch Pickup 6-Mar-09
Lo-Behold, Oversupply Coming In Mumbai, Gurgaon 8-Apr-09
Price Correction Sets In Central Mumbai, Volumes Modest 10-May-09
Vol Trends In New Launch Surge 15-Jun-09
Commercial/Retail Demand Remains Subdued 2-Jul-09
Mumbai And NCR Update Plus Contours of Recovery 5-Aug-09
Price Cuts Barely Lifting Volumes in Metros (BCHK) 27-Aug-09
Tier II/III Cities: New Launch Pickup but Modest Volumes 16-Sep-09
The study takes into account real estate market in 7-8 key Tier II/III cities including Pune, Chandigarh, Kochi, Indore, and Bhubaneshwar.
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