How the West Asia crisis is rattling India's real estate sector

In today’s Finshots, we explain why a prolonged conflict in West Asia is slowing down India’s real estate industry.But here’s a quick sidenote before we begin.

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And that meant developer bodies like CREDAI and NAREDCO, which had been lobbying for such an extension for months, could finally breathe a huge sigh of relief, as builders no longer had to worry about being penalised for delayed project deliveries.But then, why is a war thousands of kilometres away forcing India’s real estate developers to ask for more time, you ask?Well, to understand that,…