Overseas plan News
Real estate firms drop overseas plans, to stay grounded in India
Real estate companies, which started venturing overseas around 2006-07, are reviewing their global plans.
With the slump in international realty markets, many domestic companies are either withdrawing from weak markets or putting their global plans on hold.
Raheja Developers, for instance, has shelved plans to enter markets such as Mauritius and Colombo. Hiranandani Group, which has a major presence
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