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Indo-Pak border tension: Businesses brace for tough times ahead
The New Indian Express Bengaluru
|May 10, 2025
Sectors such as automobiles, travel & tourism, retail and real estate fear severe repercussions if hostilities between the two countries intensify further
ESCALATION in tensions between India and Pakistan over the past three days has begun to hamper businesses in border regions. Industry executives and experts interviewed by TNIE reported a fall in customer inquiries and footfall, as consumers prioritise spending on essential goods. Sectors ranging from automobiles, travel & tourism, and retail to real estate fear severe repercussions if hostilities between the two countries intensify further.
"If the current conflict broadens, residential absorption in Delhi-NCR and other parts of north India may see a short-term dip of between 5-10%. Luxury housing buyers tend to delay purchases in periods of uncertainty. Demand for mid-income housing will be the first to recover once normalcy is restored," said Prashant Thakur, regional director & head - research, ANAROCK Group.
This story is from the May 10, 2025 edition of The New Indian Express Bengaluru.
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