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Realty: Expect a mix bag of hits & misses in Q4FY12

Posted on 18 April 2012

Nirmal Bang has come out with its report on real estate result preview. The research firm believes the volume recovery hinges on price correction in overheated markets, faster approvals for projects and quick project execution.
“We expect 4QFY12 results of companies under our coverage universe to improve sequentially on account of uptick in execution and projects crossing the threshold limit. New launches during the quarter were a mixed bag with Bangalore and Chennai continuing to witness strong absorption………………………………………..Full Article: Source


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