Indian developers are looking forward to more feasible studies of any project before actually launching them so that they can avoid the excesses that resulted in the real estate downturn in 2009. They are sending out a message that antagonism in the market will not be accepted any more and gigantic projects will be replaced […]
Tag: Speculators
Real Estate sector is in dire straits
November 1, 2008 – 3:27 am
The tight liquidity condition and the rise in interest rates have affected realty sector hard. Because of the RBI’s policy of discouraging banks in lending to real estate developers, the fund flow to the sector has dwindled. This might even force a number of units to close down. The construction sector, which is the second […]
