07.07.2009 - Property sales in India trickling back as developers concentrate on the middle market
From Propertywire.com: Residential property sales in India are trickling back in some sections of the market, but industry watchers say a rebound is months away as buyers in the world's second-most populous country await further price corrections. Developers have begun new projects after a year-long hiatus and are also swapping older premium project proposals for cheaper ones to restart sales as they try to beat a severe cash crunch.........Full Article: Source