Realtors In Punjab Hold Their Plans

Published: April 7, 2009 at 10:10 PM | Author: Administrator
News Source: 31 March 2009 - Rediff.com

Share

Real estate majors, who were planning to come up with projects in Punjab to attract non-resident Indians, have put a hold on their plans indefinitely as most NRIs are no longer interested in investing in these properties. Developers had planned integrated townships and shopping complexes in towns including Mohali, Jallandhar, Bhatinda, Patiala and Amritsar for NRI customers. But with dwindling incomes across the globe, NRIs too have tightened their spending. Among those who have put their plans on hold include DLF, Emmar MGF, Zoom Developers Private Limited and Omaxe Limited.