Real estate developers are feeling the liquidity crunch -- the sources of funds are drying up even as they get squeezed from both sides: high interest rates and property prices have hurt offtake while rising steel, cement prices have pushed up input costs 20-25 per cent, which developers have to absorb for now.Liquidity crunch hits realty developers
Thursday, May 1, 2008
Liquidity crunch hits realty developers
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