Fall in real estate prices

2009 February 2

by Prakash

Rajiv Singh of DLF says that he was surprised by the fall in real estate prices. The leasing volume has seen slowdown in the last quarter. The old bookings are not cancelled however the new bookings are severely impacted. He further added that the people are now thinking of buying the property but he is unsure about when to buy it. The margin levels for the company excluding rental income stands at 35%.

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DISCLAIMER : Stock trading involves high risk and one can lose Substantial amount of money.The recommendations made herein Do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will Not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only.

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