News & Views on Indian Real Estate

Thursday, January 24, 2008


There were two trading days that investors will take a long time to forget. Fears of recession in the US becoming a reality saw global indices tumble. The worst to get affected in this mayhem was the Indian stock market.

The bears w
ent berserk on Dalal Street creating panic to such an extent that trading in Bombay Stock Exchange’s benchmark Sensex was halted briefly.Realty, oil & gas, banking metal and capital goods counter were the worst hit in today trade and the midcap was also badly hit.Since amongst the badly hit funds , realty funds were also their the India real estate market is also in question.With the fears of recession in the US, the Indian real estate market might also see a slum.Can anyone predict that.What affect this bloodbath at Dalal Street will have at Indian Real Estate Market.Expert comments are welcome.