Wednesday, May 23, 2007

USD 20 bn spend in realty sector expected: JM Financial

JM Financial expects extra USD 15-20 billion investment in the Indian real estate sector. The lower expectancy of returns is holding back investors, from investing their capital in the real estate sector, it believes.

JM Financial sees 20% plus appreciation in some pockets of real estate. It says the actual demand for real estate will not come down.

No comments: