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December 24, 2009

â?¢ Rs 8,000 crore premium realty projects face

 

Filed under: blackberry-cell-phones — Admin @ 3:30 pm


â?¢ Rs 8,000 crore premium realty projects face delay â?¢ According to industry estimates, around Rs 8,000 crore of realestate projects covering over 40 millon square feet are facing delays. Many of the major projects in the city have not got buyers during this period. Analysts said the construction cost for large commercial projects was Rs 2,000 per square foot, on average. Magicbricks.com scans media reports for real [...] The number of realty funds catering to the Indian realestate is also on the rise.
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Information is deemed reliable but not guaranteed.

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