As I have described in another article, the last 14 years have been a roller-coaster ride for Indian residential real estate market. The period between 2003 and 2008 was a boom time with prices increasing, almost doubling in some cases. After a two-year slowdown arising from the global economic crash, 2010-2014 again saw huge supply

Not every one understands the dynamics of real estate and why the market is down. So let us understand the scenario in the real estate sector vis-a-vis the auto industry. Why is the real estate sector facing a slowdown in India while the auto sector is doing fine? If people are buying cars and bikes,