29.12.2009 - India: Market funds to drive next decade's realty biz
From Intoday.in: Come next decade and market funds from sources like real estate investment trusts (REITs), real estate mutual funds (REMFs) and share capitals from stock issues will become the mainstay for real estate industry as bank funding slows in the wake of the global financial meltdown, according to a report by international property consultants, Jones Lang LaSalle-Meghraj (JLLM). But, experts feel whatever may be the source of funding, stability of Indian realty market depends on the delivery of the ongoing projects in the next two to three years...........................................Full Article: Source
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