03.08.2010 - India: Realty sector on shaky ground
From Business-standard.com: Upcoming festivals could boost volumes, but higher prices, interest rates are stumbling blocks. The June quarter results of listed realty players have been a mixed bag. While it reflects a gradual pick-up in demand in select regions, led by an improving economy and increased hiring and salary revisions – especially in the IT/ITeS sector – key markets like Mumbai have seen demand contract due to a jump in property prices..............................................Full Article: Source
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