Tag: Property Consultants

Real Estate giant to sell off 4.5 million square feet

November 12, 2008 – 12:26 am

In a sign of the times, the country’s third largest real estate player, Housing Development and Infrastructure Limited (HDIL), has offered to sell off three of its plots totalling about 4.5 million square feet. Analysts say the rare move shows the extent of liquidity crunch in the realty market where no developer normally takes the […]

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Realty Crash Shuts Exit Options For Investors

September 23, 2008 – 1:50 am

It has become well nigh impossible for those who invested in real estate last year to exit the scene as the downturn has deepened and the prices being quoted do not even cover the purchase costs and interest expenses. Moreover, the negative global news flow has set off a panic reaction, inducing investors to close […]

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