28.10.2008 - India: Decline in realty market doesn’t deter start-ups
From Livemint.com: Given the downturn in the real estate market, one may question the timing of their entering the business. But a clutch of entrepreneurs have in the last 12-18 months defied the odds and launched start-ups that they claim have weathered the hard times better than established realty firms. Srinjoy Sharma, 33, a partner in the year-old Raynal Realtors Pvt. Ltd, a Bangalore-based real estate start-up, says he is not worried about the downturn as he readies for his first project launch next month—a 150- acre layout that will be carved up into small plots and sold..... Full Article: Source
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