Indian real estate on stable ground
India Inc. realty expert elaborates on the shifting trends in the Indian real estate sector, from high-end offerings to more economical ones. The screaming headlines may warn of doom – such as “Assets of Unitech promoters to be liquidated to payback home buyers”; “Jaypee to reach into promoter assets to repay homebuyers”; or “DLF debt shrinks to less than $1 billion”. However, the Indian real estate sector has undergone deep-rooted transformation and the last two months seem to indicate that [...]
