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Real estate
Realty players want loans reworked
Even though the Reserve Bank of India has asked banks to help the realty sector, the headwinds are far from over for ailing developers. Top real estate players such as Housing Development and Infrastructure Ltd (HDIL), Unitech and Sobha, among others, are asking banks to either reschedule or refinance their loans maturing before March 2009. Developers to slash property prices While