Indian Developers Face Construction And Liquidity Strains

Indian property stocks plunged after Oberoi Realty this week missed analysts' sales and profit forecasts and reported a narrower residential operating margin, prompting investor selloffs. The BSE Realty Index is down more than 30% since June 2024 amid slower construction—completions fell from 74% in 2017 to 57% last year—raising execution, margin and liquidity risks for developers.