Housing sales may not recover in 2015-16 fiscal: India Ratings
Housing sales are unlikely to recover in the next fiscal as high property prices have made residential units unaffordable for end-users, India Ratings & Research said while maintaining a negative to stable outlook on the real estate sector.
Jan 27, 2015, 18:17 PM ISTPiramal plans $2 billion bet on property sector revival
Home sales have come to a halt as high inflation and interest rates deter buyers, pushing up the stock of unsold inventory.
Nov 05, 2014, 17:19 PM IST