Business Standard

Stock Market Gloom Casts Shadow On Real Estate Sector

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BUSINESS STANDARD

The property scenario in India in the short term does not look very encouraging. The recent stock market scam has caused roadblocks as far as the investment sentiments are concerned, which were on the rebound after four painful years, according to the recent Indian property review report by Knight Frank, the global property consultants.

Tariq Vaidya, head of research at Knight Frank, India, said, "Globally, the property markets follow the stock markets with a three to six months

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First Published: Jul 02 2001 | 12:00 AM IST

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