First time Home Buyers can hit the street to look for bargains. Don't RUSH to close the deal as these Realtors will come down to more affordable pricing in existing projects. [Forget new ones, they have to clear the inventory to generate working capital]
Wednesday, October 08, 2008
Realty Stocks - All Time Low
The Indian Real Estate Stocks which have been crashing since few months now have hit a new Life Time Low. Their are no buyers for these stocks due to the flawed business model as earnings visibility of these companies has disappeared. [Evident from Advance Tax Nos]
First time Home Buyers can hit the street to look for bargains. Don't RUSH to close the deal as these Realtors will come down to more affordable pricing in existing projects. [Forget new ones, they have to clear the inventory to generate working capital]
First time Home Buyers can hit the street to look for bargains. Don't RUSH to close the deal as these Realtors will come down to more affordable pricing in existing projects. [Forget new ones, they have to clear the inventory to generate working capital]
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