There's pent-up demand for half a million homes in the sector, says BPTP BPTP Ltd, an Indian developer backed by Citigroup Inc and JPMorgan Chase & Co, aims to tap demand for housing from India's middle class, managing director Kabul Chawla said here yesterday. The nation has a pent-up demand for half a million homes in the mid-tier segment, where houses cost two million rupees (S$61,584) to six...
India Property Market
Real estate developers in India think the worst may be over as property prices stabilise. Buyers are also returning, encouraged by the government's decision to provide cheaper home loans. India's real estate sector is showing its first signs of stability after a free fall that started last year. A series of interest rate cuts on home loans and a revival in optimism have encouraged developers to start new...