Tag Archives: Leela Group

Realty Is Facing A Major Cash Crunch

May 17, 2008 – 1:01 am

Land prices in the national capital region (NCR), Mumbai suburbs, Bangalore and Hyderabad have corrected by up to 25% as property developers slow down their land purchases. Poor sales and lower availability of credit at higher cost have prompted property developers to end the mad rush to acquire land. Some of the developers have even [...]

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Land Deals At Prime Locations In Metros Losing Its Shine

May 3, 2008 – 12:51 am

The soaring land deals in prime location of metro cities, which had scaled astronomical levels in the past few years, seem to be losing steam. The deals being struck this year are at increasingly lower prices than the ones last year.
Parsvnath Developers has bought 1.18 acre land, jointly owned by Mahajan Industries and Videocon group [...]

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