The real estate sector is in the middle of an upcycle fuelled by demand-supply balance, low inventory, favourable affordability, and gradual price hikes.
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Realty experts say that while high returns are expected from investments in land, demand for serviced flats and fractional ownership of assets may also emerge
The deal shines a light on the politically connected beneficiaries of the land rush in the temple town – and farmers who lose out by selling their land cheap.