India's Housing Market Faces Significant Decline as Home Sales Drop 23%

In a recent analysis of India's real estate sector, data indicates a troubling trend: home sales in the country have plummeted by 23% compared to previous figures. This downturn has raised alarms among real estate stakeholders who are closely monitoring the overall health of the housing market. The report attributes this decline primarily to a combination of persistently high property prices and increasing buyer caution.

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