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Indian Realty Market hints downfall

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The Indian real estate sector witnessed a good boom and demand for all the segments like residential, commercial, Office space and retail space in the year 2007. The boom further increased the buoyancy of the realty players and almost all the major builders and developers were successful in raising the funds of over Rs. 14,500 crores through IPO.
As per to the source saying @ the www.propertykhazana.com even the Private Equity (PE) funds enjoyed the similar success alike the realty sector in the year 2007. Things went fully reversed and the year 2008 began with restrained situation. Housing loans lending rates are revised and it turned to be a difficult task for the builders to manage the price rise. Many of the builders are hoping for the downturn in the prices. Speaking to the www.propertykhazana.com a market expert said that the ventures having short time frame will surely face the disaster, while the projects with life of 5 years and above will overcome the crisis in the long run. He also added that the present scenario is like a passing cloud and will not continue for more time.
In fact, the landlords, Venture Capital firms and the realty players enjoyed whatsoever possible in about 4 years from 2004. Another market analyst added at the www.propertykhazana.com that the landlords are required to hold their breath and needs to be aware of the market condition. The landlords will surely pay for the decision in urgency regarding the way out from the sector.
Source: NBTVLIVE

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