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

India: Realty sector on shaky ground

Posted on 03 August 2010

From Business-standard.com: Upcoming festivals could boost volumes, but higher prices, interest rates are stumbling blocks. The June quarter results of listed realty players have been a mixed bag.
While it reflects a gradual pick-up in demand in select regions, led by an improving economy and increased hiring and salary revisions – especially in the IT/ITeS sector – key markets like Mumbai have seen demand contract due to a jump in property prices……………………………………….Full Article: Source


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