good advice from duffyhair! That's the actual reality.....
2010 is walking on thin line for the US. If the dollar tends to take a beating, all the hell will break loose worldwide. If its kind of stabilizes, economy will pick up in the next 1 year or so.
Bengaluru Real estate scenario in 2010 =>opinions
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BengaluruBoy
- Posts: 210
- Joined: June 18th, 2009, 1:27 pm
Re: Bengaluru Real estate scenario in 2010 =>opinions
'Real estate not long-term bet'
Madhu T, TNN, 7 January 2010, 01:08am ISTText Size:|Topics:IPO
real estate
MUMBAI: Stay off real estate — these are the words of wisdom offered by investment consultants to the clients now. They are also warning their clients, who are still optimistic about the prospects of the sector, to tread with ‘‘extreme caution.'' Worse, of late, even some mutual fund managers have joined the chorus, questioning the veracity of the claims of a turnaround made by realty firms.
The news comes at a time when most real estate players are claiming that they have turned the corner with many firms lining up with initial public offers (IPOs) in the coming months.
Madhu T, TNN, 7 January 2010, 01:08am ISTText Size:|Topics:IPO
real estate
MUMBAI: Stay off real estate — these are the words of wisdom offered by investment consultants to the clients now. They are also warning their clients, who are still optimistic about the prospects of the sector, to tread with ‘‘extreme caution.'' Worse, of late, even some mutual fund managers have joined the chorus, questioning the veracity of the claims of a turnaround made by realty firms.
The news comes at a time when most real estate players are claiming that they have turned the corner with many firms lining up with initial public offers (IPOs) in the coming months.