he realty industry in India faced a negative sentiment in 2011, with developers, buyers and investors caught in a quagmire due to a host of unfavourable conditions, notably a slowdown in the economy, muted flow foreign direct investment, rising inflation, fluid stock market and rising interest rates.
Image: Unfavorable conditions hits Indian real-estate sector hard in 2011
Text: Vinod Behl, IANS
Vinod Behl is editor of Realty Plus, a leading real estate monthly. He can be reached at email@example.com
Image Courtesy: Reuters