29.07.2009 - India: Realty to pick up on prices, activity - Jones Lang LaSalle
From Reuters: India's property market could see lower prices and a pick up in business activity lifting demand in the near term, but new supply will keep a lid on rises in property values, a top industry official said on Tuesday. "In India, demand is holding up relatively better as the economy is still growing. Commercial property is stabilising, but residential has seen a bounceback," Alastair Hughes, chief executive for Asia Pacific at property services firm Jones Lang LaSalle, told Reuters in an interview.........Full Article: Source
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