By Clara Housing demand in 2022 slowed so dramatically as a result of rates rose dramatically. This signifies that even if mortgage rates keep in the 7% vary, where they’re now, then homebuyer demand will really improve a bit. But if charges bounce, that might be a set off for giant home-price declines. Embassy Group, led by chairman Jitendra Virwani, plans to infuse additional capital and assets into Indiabulls Real Estate Limited , of which it holds the largest stake.
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