According to industry estimates, around Rs 8,000 crore of real estate projects covering over 40 million square feet are facing delays.Analysts said the construction cost for large commercial projects was Rs 2,000 per square foot, on average.In the process, developers

The recent fate of real estate stocks on the bourses mirrored the first signs of trouble ahead for the industry. Fuel price hike and lower IIP (Index of Industrial Production) numbers were recent setbacks to the sector and now with

They could be dismissed as a nondescript group of people chatting on the lawns of an exclusive club or strolling down Marine Drive in Mumbai. Their clothes are quiet, their gait without swagger. Indeed, it's hard to believe that these