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Real Estate Briefing - Categorized | Emerging Trends, Finance, IPOs/Stock Market more

India: High property prices, mortgage rates turn away buyers

Posted on 24 September 2010

From Indiatimes.com: High prices and rising mortgage rates are hurting demand in India’s once-booming housing market, jeopardising a pipeline of about $6 bn in initial public offerings (IPOs) from Indian property companies.
The real estate firms are seeking funds to finance land acquisitions and lock in runaway land prices but their IPOs are faced with the prospect of poor investor response……………………………………….Full Article: Source


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


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