Real estate could trigger market corrections if large IPOs fail, says HDFC Chairman Deepak Parekh. Recent IPOs are overpriced and Indian realtors aim to raise significant funds.
Real estate developers are offering attractive discounts and deals due to a market slowdown and liquidity crunch, despite putting on a brave face.
The recent US financial crisis is expected to impact the Indian real estate sector, with funding, property prices, and stock movements being key areas of concern. Experts hold mixed views on the extent of the impact.
ICICI Bank downplays real estate bubble fears despite rising interest rates and property prices impacting sector growth. The bank expects a market correction.