09.08.2011 - India: Real estate sector stares at long-term impact
The Indian real estate industry does not see the downgrade of the US credit ratings as an immediate cause of worry. With Standard & Poor's lowering of the US ratings from AAA to AA+, analysts feel it’s only the sentiment that would become negative in the short term. In the long run, however, the commercial property space might face the heat..............................................Full Article: Source
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