Comments
Real estate prices, currently seeing volatility, are expected to settle down and stabilise by the end of the current calendar year, an expert in the infrastructure sector has said.
Asked if L&T Infrastructure Finance Company Ltd would finance metro rail projects in the country, the company CEO, Mr Suneet K. Maheshwari, said the real estate component is high in them in terms of station development, among others.
He said the company is now concerned about the volatility in the real estate market, adding that it expects these prices, as also interest rate scenario, to settle down and stabilise by the end of 2011. It would then look at the possibility of financing metro rail projects.
Company sources expressed disappointment over no action on deal flows in the telecom sector in the past few months following scandals hitting the sector, and they are keen to see a quick resolution to the issues.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.