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The 2016 Real Estate Market: A Year In Review [Infographic]

As 2016 winds up, it’s time to review the developments that took place through the year.

Undoubtedly, the year 2016 has been remarkable for the Indian real estate. The year will be remembered as the year of implementation of new laws and policy changes. The year also exposed the reality of real estate, where judicial intervention has not only underlined their aberrations, possession delays and defaults but also given a ray of hope to dejected home buyers. Several new laws and decisions announced during 2016, are likely to put great impact on the Indian real estate sector ahead. Happykeys will constantly examine how these policies will affect the property market in the short-term and long-term and what it means for home buyers.