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12-15-2008, 03:32 AM #1
Renter
- Join Date
- Dec 2008
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Real estate feeling effects but will recover
Andrew Fassnidge of Navyroof.com, similarly presented that the real estate market was feeling the effects of the credit crunch but that it will recover more rapidly after FY09-10. Reduced foreign direct investment (FDI) inflows have taken its toll on developers, as banks are often unwilling to lend which has led to many being faced to liquidate at reduced prices. He predicted that the downturn in the mid to low end of the Indian property market will not be protracted for the following reasons:
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09-18-2009, 07:16 PM #2
Fixer Upper
- Join Date
- Sep 2009
- Posts
- 91
There such a problem that come in real estate but we need to focus on this to recover that, although we have weakness but all of this will be the key to success.
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