After bringing its real estate entities under one management, Tata Sons' realty arm is consolidating its position in the country's burgeoning housing and construction sector - Issue Date: Apr 14, 2024
Most developers are buying land, taking over projects of distressed developers or partnering with smaller local developers to venture into newer locations
that strong. are we seeing more signs of this besides this one company? i mean, it s the contagion factor, right, stephanie? it feels use to use that given the fact that we are in a covid pandemic, but it s the idea that what happens to a very massive, like you said, arguably systemically important part of the world s second-biggest economy, that s china, only the u.s. is bigger, if that could spill over to other parts of the asian markets, which then could spill over into the middle east or european markets and then spill over to our shores in america, that s the reason why investors are just getting a little bit more cautious right now. we already got headlines that ever brand has missed interest payments on its bonds yesterday and there s another big interest payment due later on this week. if ever grand does default, if they cannot pay their loans, the banks that lended them all that money for that massive real estate expansion, they risk not getting their money back, that could