| << Newer | Older >> |
on 2007/2/28 6:38:59
Believe it or not. There is a lull in the real estate activity in and around Hyderabad. The real estate speculators entered into agreements with many landowners at highly inflated rates in the hope of enchasing it in a short time. However, the hike in interest rates by banks and the fluid political situation seems to have cooled the activity a bit.
The people who are really hard hit are the real estate dealers who have pumped in huge amounts. With buyers adopting a wait and watch policy, the dealers are panicking. They have borrowed money at huge interest in the hope of making a neat killing. Now they will have to think up of something to heat up the market once again.
The comments are owned by the poster. We aren't responsible for their content.
| Poster | Thread |
|---|
