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Real Estate Briefing - Categorized | IPOs/Stock Market more

India realty IPO pipeline blocked; await correction boost

Posted on 30 June 2011

Rising mortgage rates and a widely anticipated price correction has seen demand curl up in India’s once hot property market, burning realty stocks and blocking a $4 billion pipeline of initial public offerings.
About a dozen realty firms have been seeking to raise funds through IPOs to repay debt and finance land purchases……………………………………….Full Article: Source


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