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Real Estate

RERA has led to large-scale consolidation of real estate assets benefiting homebuyers

Updated : September 19, 2018 11:43 AM IST

RERA has enforced radical changes in terms of the ways in which real estate business must now be conducted.
Lower sales coupled with financial incapability has prompted several small-size developers to either exit or consider consolidation.
Private equity players are now conducting thorough due diligence and investing only in ‘clean’ and viable projects.
RERA has led to large-scale consolidation of real estate assets benefiting homebuyers

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