The Indian real estate market shows mixed reactions to recent developments in the US economy. While some companies are optimistic, others remain skeptical. Recent activity suggests market stabilization.
India awaits policy responses amidst economic slowdown fears, with investors eyeing global cues from US rate cuts and auto bailout
The US financial crisis impacts India's growth, ADB lowers India's GDP forecast to 7-7.4%, citing global economic woes and fiscal imbalances.
A global real estate consultant warns that the US economic slowdown could reduce demand for IT/ITeS office space in Gurgaon and Noida in 2H08, impacting growth in Delhi NCR suburbs.