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Continuing care retirement communities’ projects expected to come up in India over next few years Manish Kumar, National Director – Strategic Consulting, JLL India As the population of senior citizens in India rises to 118 million in 2016, an increasing number of developers are venturing into the senior living space. Many private entities have already made a foray into this sector. While some companies enter
The year 2015 ended without bringing much cheer to the residential real estate sector, but it certainly will be remembered as the year that formed a solid base for future growth. Some of the major highlights of the year gone by
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As per records, the unsold inventory in the Mumbai Metropolitan Region (MMR) stands at a massive 77,000 apartments; it will take almost 11-14 quarters to clear off this inventory against a healthy expected cycle of 4-6 quarters. Only about 3.5% of this inventory is completed or ready for possession.