In a challenging market, homebuyer hesitation has resulted in a 21% decrease in sales bookings year-on-year for prominent developers. Leading this space is Godrej Properties, while Prestige Estates Projects faced a notable drop. Yet, companies like Max Estates and Mahindra Lifespace enjoyed robust growth. Despite the struggles of firms like DLF and Oberoi Realty, analysts predict a positive turnaround in sales by the second quarter.
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