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The simple answer would be Yes, but how it goes down and what is the real impact for both the real estate agents and the brokers. As the adverse effects of pandemic is impacting a lot in the world market as well. Despite an increase in the cost of construction and uncertainties around labour returning to metro cities from their hometowns post lockdown, property prices are expected to see corrections, owing to marred buyer sentiment and panic selling by a share of owners in the resale market. New projects launches are expected to be postponed till the festive season of October and it is highly unlikely that they will contribute enough to move average selling prices up in different cities, as per 99acres survey and report.

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