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Wednesday, December 31, 2008

Another brick in the wall, a difficult bet for realty

However, realty consultants are of the view that the recent measures taken by the government would bear fruit only if it is complemented with lowered property prices and further injection of liquidity.

Realising the impact of slowdown in the housing sector on other industries, like cement and steel, and its employment generation capacity, the government is mulling another package to boost the sector, expected to be announced in 2009.

Hopefully, the second stimulus package will bring smile to the common man and provide much-needed relief to the real estate sector.
To read more, please, visit - livemint.com

Related Stories:

1) Realty industry wakes up to reality: Bubble has burst

2) Home buyers can expect a better deal in the New Year

3) The real estate sector has to get real about the changed market environment, doing itself, consumers and the economy a favor

4) Affordable houses to rule the roost - Dileep Athavale

1 comment:

  1. Very interesting Real estate blog. Hope it will always be alive! Thanks for this