'In the past six months, capital markets have seen a dip, and realty is struggling. The stock-market investor will be cautious of putting that investment in real estate when there may be a slowdown coming.'
Experts say investors are investing in residential units in Greater Noida, hoping for significant returns through the next few years.
Fortis Healthcare on Thursday said it has inked a pact with the VPS Group to acquire Manesar-based Medeor Hospital for Rs 225 crore. The healthcare major said it has signed definitive agreements to acquire Medeor Hospital for an overall purchase consideration of Rs 225 crore. The hospital has a potential capacity of 350 beds and can be operationalised in a phased manner in around nine months, it added.
The case relates to development and sale of residential units in Gurgaon.
She couldn't get a seat on the bus and neither could her son Sahab Lal, who worked as a construction labourer, and the rest of the family, all waiting to return to their village in Bhadohi. The disappointment was almost too much to handle for the elderly woman, perhaps in her 70s, who had come to Gurgaon a few months ago from the village and is now desperate to leave.
The suburban location of Mumbai's Goregaon registered the biggest decline in average weighted basic sale price at 20 per cent.
People were seen wading through knee-deep water in several areas. Commuters, too, had a hard time as vehicular traffic crawled on the roads clogged with long tailbacks.
Few top honchos of India Inc did very well in 2014.
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