End Users not investors will drive real estate this year

End User not investors, will drive real estate this year

Mumbai: After 2015 failed to bring cheer to the property mar­ket, the new year may have begun on a promising note. Industry of­ficials say slump is a thing of past and sales are slowly picking up in a few cities, including Mumbai, Hyderabad and Bengaluru. Developers’ initiatives such as offering attractive schemes and deals to buyers, coupled with low­ering of rates by the Reserve Bank of India, seem to be encour­aging the fence-sitters to enter the market…