Tuesday, January 22, 2008

Why real estate continues to be hot property for investors?

The real estate sector has always been a favorite with Indian investors as they are comfortable putting their money in an asset class that offers them the ‘touch and feel’ benefit.

And there seems to be every reason to continue to repose faith in the realty sector as it has been growing at around 30% per annum, with most reports generated by reputed banks and institutions making encouraging predictions for the sector.

However, certain sections of investors fear that the property market is overheated and is due for a correction, at least in the short term. In such a scenario, what is the stance that wealth managers, who deal with high networth individuals (HNIs), are adopting?
To read more, please, visit:
-The Economic Times

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