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Rapidly falling rates could create a surge of demand that wipes away any inventory gains, causing residence prices to rebound. NAREDCO has urged the federal government to deal with regulatory challenges affecting real estate development in cities like Mumbai, Chennai, and Kolkata. Recommendations include relocating aviation services and increasing shielding advantages to buildings. The affiliation additionally suggested utilizing accurate contour information and conducting aeronautical studies to resolve legal points with out demolishing existing buildings. The Supreme Court has ordered a real estate company to pay Rs 1 lakh each to 31 homebuyers for failing to reply throughout the stipulated 45-day…