Reaping realty dividends
Investments, Real Estate Trends | (0)
While the world financial markets have nosedived, some markets like India continue to look strong, mainly due to their conservative banking systems. But the cash flow for the developmental process has become a bit difficult, causing problems in the development process. Banks may still want to wait before sanctioning funds, but housing is a fundamental need and developers need funds to go ahead with developmental plans. In this scenario, real estate trusts (REITs) and real estate mutual funds (REMFs) are the answer to an uninterrupted cash flow in real estate development, while offering ownership opportunities of homes for a lower ...