India a bright spot in shaky global realty market but may see pushback if home loan rates cross 9.5%: CLSA
High interest rates and inflation are hurting the global property boom but India remains a bright spot. Despite a rise in mortgage rates and property prices, housing demand remains steady in India, according to foreign brokerage firm CLSA’s channel checks. “Most developers and property brokers indicated footfalls and conversion remain steady despite a 150 basis …