Indian investors looking at Dubai properties: PNC Menon, Chairman-Emeritus, Sobha Ltd
Interview Point: PNC Menon, Chairman-Emeritus of Sobha Ltd feels India…
Interview Point: PNC Menon, Chairman-Emeritus of Sobha Ltd feels India…
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Sobha Limited, on a consolidated basis, registered a turnover of Rs. 4.01 billion during the third quarter of the financial year 2015-16.
There had suddenly been a deafening silence when the RBI Governor Dr Raghuram Rajan recently asked the real estate developers to reduce the home prices. However, the economist in Rajan was not making a faux pass. He could rather see a supply side of bubble in the making. Therefore, he came harsh on the sector.
In many ways, the year 2015 was a defining one for the residential real estate segment in India. This was the period when the market began to evolve, along with customer expectations as well as market dynamics.