Moneycontrol PRO

business

Debt-ridden realty on shaky ground

RBI's sudden jolt of a 50 basis point hike has left the debt ridden real estate industry worried. Their key concern? Cost of funds. The real estate sector finds itself on shaky grounds on a soft patch.

first published: Jul 26, 2011 09:57 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347