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Real Estate Briefing - Categorized | Developers, IPOs/Stock Market, Market Moves more

India: Realtors delay IPOs due to glum market

Posted on 02 June 2010

From Intoday.in: A lacklustre stock market that is not going anywhere coupled with lack of investor interest in realty stocks is forcing cashstrapped real estate companies to put their initial public offering (IPO) plans on the backburner and look elsewhere for funds.
More than half a dozen companies, including Emaar MGF, BPTP, Ambience group, Lodha Developers and Sahara group, which were expected to launch their IPOs are delaying their launches or revisiting their money raising targets……………………………………..Full Article: Source

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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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