Friday, September 08, 2006

Markets Are In Real Danger

Explains Khanna, “Markets are in real danger due to an oversupply in Tier II cities. There could be marginal decline in value in certain areas owing to oversupply, and without development being done in these areas, people have started doubting (the boom in the sector).” Additionally, around the festival time, one can look forward to the jumbo DLF IPO, which was the first to be launched in July, but got delayed owing to plummeting markets. DLF plans to raise around Rs.110 billion to armour its mega projects in the realty and hospitality sector. Many trade pundits believe that whatever be the size of DLF IPO, it is most likely to be oversubscribed. Nevertheless, the IPO will give an interesting insight into the current sentiments of investors in the real estate market.

For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link

Source:- IIPM-B&E , Initiative:- Prof. Arindam Chaudhuri - 2006

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