Archive for June 3rd, 2008
Slowdown, falling market demolish real estate stocks
Tuesday, June 3rd, 2008The uncertainty in the capital market has hit realty stocks the hardest.
The BSE realty index is the worst performer this year, having shed 51% of its 52-week peak reached in January.
With increasing evidence of a slowdown in the realty sector, rising input costs and little chances of interest rate softening, experts feel realty stocks may […]
Realty deals get buried in pan-India landslide
Tuesday, June 3rd, 2008Over the last two years, land prices have shown a northward trend. Now, it’s time now for a realty check.
Record land auction at Mumbai’s Bandra-Kurla Complex- like the Rs 46,000 per square ft buy by Wadhwa Builders in November 2007 are passe. The last auction at BKC, by Jet Airways, has seen rates tumbling to […]