Buy Indian Properties

24 July 2009
Yet to learn our lessons - by A. Shyamsunder, ED & COO
	The Real Estate Market in India went through one of its roughest patches during the last 18 months. A problem of its own creation driven by extreme optimism and greed. One would have thought that the hens have come to roost and good sense will prevail for some time to come after having learnt some lessons. However it seems that some lessons are seldom learnt and speculators in both the stock market and real estate market seem to be sharpening their saws for action. This time the playing field is Budget Homes or so called Budget Homes whereby the decrease in area dictates the budget and not the cost per sq.ft. of salable area. In a nutshell, the essence of low cost in the true sense is lost.


	A. Shyamsunder, ED & COO
	A Chartered Accountant with over 15 years of strong experience, A. Shyamsunder takes keen interest in focussing on operational excellence and innovative growth of the organisation. Well-versed with the functionalities of banking, finance, infrastructure, construction, KPO and real estate; he plays a major role in smooth functioning of customer service, streamlining funding requirements and identifying new business opportunities.

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