Fitch Ratings in a Special Report, said that its 2010 Outlook for the Indian real estate sector remains Negative; however, the sector could exhibit signs of stability by the second half of the year. Fitch notes that the fundamentals of India’s real e…
The global rating agency Fitch on Wednesday warned that hardening of interest rates could jeopardise the prospects of the real estate sector in the coming months. “Any significant increase in property prices and a tightening monetary policy, could ha…
Unitech, India’s second largest real estate company, has withdrawn its proposal to raise $700 million (Rs 3,200 crore) through foreign currency convertible bonds (FCCBs). The Indian realty segment was hit bad by the recent financial slowdown as deman…
After a lull last year, demand for commercial property is steadily rising. Realtors and developers feel market conditions should return to normal, although no one knows how long it will take. “It is definitely en route to revival. There may not be ma…