Experts are looking at a timeframe of anything between 12 and 18 months from the time of the new government for concrete signs of revival.
We pick up some expert advice on the business of developing and managing malls.
120 new malls came up in last two years, but 30-40 of their older peers downed shutters
Experts say with a stable government, things will start improving but the impact might be visible only after six-12 months.
Earlier, its attempts to monetise properties, including the 22-storeyed Air India building in Nariman Point, saw lukewarm response.
Dr Cor van Zadelhoff is no stranger to India and comes here for both work and pleasure. A pioneer in the European real estate business, he has friends among the Indian royal families through the polo circuit.
Air India is awaiting the Union civil aviation ministry's nod to sell its properties in Mumbai and Chennai
Hailing clear majority for Narendra Modi-led BJP in the polls, real estate experts on Friday said a stable government at the Centre will help revive the property market.
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