2012 real estate market cautioned!
No Comments Sub Category:Uncategorized Posted On: Dec 02, 2011
Jones Lang LaSalle’s warns the situation of real estate market for the year 2012. According to the reports collected by Jones Lang LaSalle, for the year India’s commercial and real estate market will remain a cautious.
Due to the prevalence of uncertainties in the global real estate market, Reserve Bank of India (RBI) has given a hint of raising the interest rates in the upcoming year.
Real estate experts also say that increase in new construction launches is completely doubtfull, if interest rates are hiked.
Source: The Economic Times
Tags:
2012, Commercial, Global real estate market, Interest rates, Jones Lang LaSalle, Real estate experts, Real-estate market, Reserve Bank of India (RBI)
