US Housing Crisis Melts Indian Realty Valuations
The sub prime crisis may have struck in the US, but real estate companies around the world are feeling the heat. The meltdown in property firms’ valuations in other economies, including India, China,...
View ArticleGolden Gate Bets On Low-Cost Housing
Citigroup-backed Golden Gate Properties plans to invest close to Rs 2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through...
View ArticleCitigroup downgrades Indian Hotels to ‘hold’ from ‘buy’
Citigroup has downgraded Indian Hotels to ‘hold’ from ‘buy’ rating with a target price of Rs 47. The downgrade is based on lower earnings estimates to take into account the recent terror attacks in...
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