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Realty Show: Crunch in Indian real estate sector
Published on Tue, Oct 21, 2008 at 02:41, Updated on Tue, Oct 21, 2008 at 02:44 in Business section
Tags: US Financial Crisis, Stocks , New Delhi
REALTY BITES: The credit crisis in the US was triggered by a burst in the property bubble.
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New Delhi: It was real estate that started it all. The credit crisis in the US was triggered by a burst in the property bubble, when home prices tanked and thousands of buyers defaulted on their own. In India too, the real estate sector is beginning to see a crunch.
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