The government's own assessment is that the lack of available credit is the worst in over 70 years
Sitharaman had also highlighted that the current rental laws are archaic, as they do not address the relationship between the lessor and the lessee realistically and fairly
House prices are expected to rise 2.5% next year and 3.8% in 2021, well below the projected pace of consumer price inflation for those periods.
JLL India said the affordability levels would continue to improve over the next three years for all seven cities
The spurt can be attributed to three factors -- anticipated property price growth in major Indian cities, high buyer confidence and availability of light-weight investments
India's residential sector out-shined matured markets such as China
According to government estimates, there is a current shortage of around 60 million housing units