19 Jun, 2013
The Leela Palace, Bengaluru
Wednesday, February 15, 2012 - 05:30 IST
Core Biz In Tatters, Realtors Sell Assets To Maintain Cash Flow 
BY Pooja Sarkar
Total earnings of top 5 realty firms halved in Q3 FY12 over the year ago period, according to VCCircle estimates.
The debt overhang on Indian realtors continues to weigh down the financial performance of developers who are resorting to land sale mantra to keep their cash registers ringing. Drop in revenue generation from core operations and increase in...
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