Realty projects on hold!
The slump in realty market has shown variations in the investment point of view.
Many of the developers and builders have paused their constructions with the beginning of this year.
Also, the Indian realty companies which are establishing themselves globally are reviewing their projects as the realty market proved a major slump internationally too!
On one hand a realty biggie Raheja Developers have plans of entering into realty projects at Mauritius and Colombo.
Meanwhile, Hiranandani Group has stopped launching new projects in order to focus on selling the completed projects which was kept pending due to realty drop down in the year 2011.
Source: Business Standard
Builders, Colombo, Developers, Hiranandani group, Indian realty, Indian realty companies, Mauritius, Raheja Developers, Realty 2011, Realty drop down, Realty market, Slump in realty market
