Sunday, September 09, 2007

Residential Real Estate Supply in Indian Cities

Merill Lynch report on the Indian Residential Real Estate sector says, Long-term growth factors for the industry remain strong. Short-term oversupply could lead to price correction. Signs of consolidation in the industry are beginning to emerge. Most developers' targets for development seem to be stretched and might not be met in the time span stated.
Here is the Supply Position for Bangalore, Chennai, Hyderabad, Kolkatta, Delhi NCR, Pune and Mumbai.

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