Debt mountain, spiralling costs rap realty sector
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Debt mountain, spiralling costs rap realty sector

By Pooja Sarkar

  • 08 Jun 2012

As construction costs spiral and inventories pile up, realty sector profits and revenues are taking a jolt, with a mountain of debt also looming over top players.Top players are sitting on debt of around $7 billion, bulk of it accounted for by DLF.A group of five prominent realtors saw their ......

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