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India: Real estate sector stares at long-term impact

Posted on 09 August 2011

The Indian real estate industry does not see the downgrade of the US credit ratings as an immediate cause of worry.
With Standard & Poor’s lowering of the US ratings from AAA to AA+, analysts feel it’s only the sentiment that would become negative in the short term. In the long run, however, the commercial property space might face the heat……………………………………….Full Article: Source


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