| 23.06.2011 - India: Rate rise to pinch cos focused on housing more |
| The impact of the increase in policy rates on Friday will be felt by interest-rate sensitive sectors such as automobile and realty. In that, the realty sector is likely to get impacted severely due to a possible slowdown in demand from consumers as a sharp increase in property prices coupled with rising borrowing costs would make buying new homes difficult..............................................Full Article: Source |