Home » Business » 'New investments in realty sector fall over 55%'
"The realty sector in India attracted new investments worth over Rs 42,000 crore as of March 2013, which slipped from over Rs 92,600 crore (Rs 926 billion) a year ago," according to an analysis on real estate by Assocham.
The new investments in realty sector in Maharashtra have plummeted by over 55 per cent in the last fiscal, it added.
"Maharashtra has attracted outstanding investments worth about Rs 3,00,000 crore (Rs 3,000 billion) in the real estate sector as of March 2013, but the new investments in the sector dipped from over Rs 16,000 crore (Rs 160 billion) to just over Rs 7,000 crore (Rs 70 billion) during the course of last one year,"
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