21.10.2008 - Indian real estate sector in recession mode
From Merinews.com: The US financial crisis has caused disturbing impact on the Indian real estate market, which is facing a plunge in real estate demand. The industry is facing crunch of skilled manpower and it remains unorganised, characterised by small players. The negative version of Indian real estate industry is ’they have complete disrespect for sustainability’ and that the concept of green buildings, proper waste disposal methods and the longevity of the product are often dismissed..... Full Article: Source
Print