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India: Smaller realty players manage a quicker comeback from slump

Posted on 06 June 2011

Size is an advantage in many sectors, but not, it appears, in real estate development. Smaller realty players have fared better than the national giants in pushing their sales numbers back to pre-slump levels, in the latest fiscal.
Players such as DLF, Unitech or HDIL may boast of massive land bank or assets but it is the mid-sized ones such as Oberoi Realty, Mahindra Lifespace Developers or Prestige Estates Projects that have reported higher sales in fiscal 2010-11 compared to the boom year of 2007-08……………………………………….Full Article: Source


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