Real Estate shows a falling trend in Stock Exchange
The Bombay Stock Exchange Realty Index reported a loss of 28 percent in 2011. According to an official this loss in index happened due to high borrowing by the developers.
With the debt rate going high the sale of apartments also reduced tremendously in the last few quarters. The Real Estate market is expecting some good move in the forthcoming budget to enhance the situation.
The Real Estate Industry is looking for some rate cuts, so that the EMI of the home loans will get reduces.
This intern will have a direct positive impact on the real estate Industry as the potential buyers will opt for new apartments, which will enhance the real estate market condition.
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Source: Business Standards
Apartments for sale, Bombay Stock Exchange, Indian Realty Index, Real estate in India, Real Estate news, Realty Index, Realty News
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