13.06.2011 - India: Realty slowdown spooks construction companies
The going may not be as tough as in the downturn, but a lacklustre real estate market is forcing contractors to tread gingerly. So some like RS Garg, chief financial officer, Ramky Infrastructure, believe it’s not a wise thing to take up real estate contracts. “Moreover, there are a lot of new entrants bidding aggressively. You either join them or stay away. We’ve decided to stay away,” he said.............................................Full Article: Source
Print