Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
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The housing price rebound is built on sand

Overview

India’s real estate developers have rebounded after coming close to bankruptcy during the 2008 global financial crisis: stock prices of property developers have rallied over the past six months and improved liquidity in the financial system has helped companies clean up their balance sheets. With home buyers returning to the market to purchase highly discounted properties, several companies posted double-digit quarter-on-quarter revenue growth in July-September. But developers’...

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