Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* The political consequences of Modi’s state election victory, Amitabh Dubey, 17 Mar 2017
India: On the road in Uttar Pradesh: Modi’s BJP set to win key election India: On the road in Uttar Pradesh: Modi’s BJP set to win key election, Shumita Sharma Deveshwar, 8 Mar 2017
* India: On the road in Mumbai and New Delhi: Investor optimism is high, despite the looming risk of economic disruption, Shumita Sharma Deveshwar, Jon Harrison, 16 Feb 2017
* India: On the road in Punjab ahead of crucial vote outcome, Amitabh Dubey, Shumita Sharma Deveshwar, 8 Feb 2017
* India: Cautious budget does little to stimulate growth, Shumita Sharma Deveshwar, Amitabh Dubey, 2 Feb 2017

See all our India research >>

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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