| From Equitymaster.com: Realty players have not had it easy in 2010. Unaffordable pricing kept the sale of properties very slow during the year. Poor financials and lack of transparency in operations evaded investor interest in real estate stocks. Amidst all this, the regulators' crackdown on unacceptable practices restricted the growth of even large players.
Nevertheless greedy banks looked at making a killing from lending to the fund starved sector. While loans to infrastructure were tied down by execution and policy delays, realty seemed to very lucrative bet.............................................Full Article: Source
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