Profit

Economic slump forcing builders to settle for lower valuations

PUBLISHED ON: August 19, 2008 | Duration: 2 min, 24 sec

facebooktwitteremailkoo
loading..
Last year saw some high profile private deals taking place but today stung by a slowdown builders have started giving in to lower valuations and such deals are being lapped up as good bargains, at least at the initial stage. NDTV has learnt that Bangalore-based Puravankara is raising substantial cash for its middle-income housing project arm at a 12-15 per cent discount to its earlier expectations.
ALSO WATCH
Pak's Controversial Nuclear Push, Alia Bhatt Among Most Influential | The World 24x7

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Listen to the latest songs, only on JioSaavn.com