Indian realtors might have seen good October-December sales, but a recovery in the retail real estate segment still hinges on availability of spaces at competitive rates and improvement in consumption, global consultant C B Richard Ellis has said.
“The retail sector will take some time to fully recover, depending on improvement in domestic consumption, consumer sentiment and availability of retail space at competitive costs,” CB Richard Ellis (South Asia) chairman and managing director Anshuman Magazine said in a statement on Wednesday.
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