How india's realty sector performed in 2013

Q: How india's realty sector performed in 2013

Overview of the real estate sector in 2013: It’s that time of the year when I look back at the months gone by and analyze events which may have leveraged the prospects of the Indian economy and the progress seems manifold in almost all sectors. Real Estate and Infrastructure too, is an area that has witnessed unprecedented growth in the last two decades. However, with growth comes the slack, and with the economies facing a slump in the past few years, no sector has been left unscathed. Monetary tightening resulting from RBI’s measures to control inflation was the major macro influence on the real estate business in India, through most part of the year. High interest rates, spiraling vacancy levels and lower margins arising from inflationary pressures too, led to a slowdown of construction activity leading to a drop in new launches, and also delayed project delivery by several months. Developers with exposure to residential projects are p