Slump in realty market
The slump in the real estate sector in the last few years had hit the property developers very badly and now they are taking measures to raise funds by selling bonds backed by rental income from shopping malls and offices they own to institutional and high net-worth investors. These funds are raised by many developers [...] Continue Reading »
The slump of the real estate sector affected the real estate and infrastructure company Unitech very badly. The company made the balance sheet available to the public which shows a consolidated net loss of Rs 51.5 crore for the fourth quarter which ended on March 31, 2014 against a consolidated net profit of Rs 30 [...] Continue Reading »
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 [...] Continue Reading »
