CARE Reports Proficient Management Of Cash-flows By - TopicsExpress

CARE Reports Proficient Management Of Cash-flows By Realtors:- CARE ratings have forecasted an improvement in real estate GDP growth, which accounted to around 6.5% of the total GDP in FY 2012. The real estate picture in India has faced the thrusts of economic turbulence since 2010, and presently its investment basin happens to be prone to its dynamicity. Due to fund scarcity, the growth of the sector remained staggered during FY 2013 as well, while increasing rate of construction cost & interest followed by delays in project approvals kept on posing as the pit-holes to bring down the real estate performance graph intermittently. However, CARE predicted that extensive marketing is expected to patch up the damaged ends of the picture, showcasing a gradual recovery during H2FY14.

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