Monday, March 24, 2008

Rising interest costs, unsold units pinch realty developers

Boom or bust, real estate companies have been among the dominant players which have set the pace of the stock market for quite some time now. When the market was scaling new highs every day, they earned gigantic returns for investors. And when the market started crashing, realty stocks were among the ones which were hammered the most.
Rising interest costs, unsold units pinch realty developers- Investor's Guide-Features-The Economic Times

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