3/5 is Raheja Universal Ltd’s Rating

Raheja Universal Ltd’s is rated a three star on the scale of CRISIL. This implies that the proposed issue of Rs. 864 cr. is an average proposal as compared to other listed ones. Mumbai will soon be gifted around 70 million sq ft of developed area by Raheja Universal out of which 26 million sq […]

Residential property becomes cheaper

Residential property prices are expected to fall by about 10% this year. Residential property rates declined by 18% to 20% in this March. Despite this drop, buyers are watching market scenario with ‘wait and watch’ policy. This trend is likely to continue through 2009. Mr. Sudhir Nair, Head, CRISIL Research says, “Demand in the commercial […]