Reasons to not give up on Indian real estate

Mumbai: Real estate may be down in the dumps right now. But even so, compared with most other big businesses, real estate remains one of the best to put your money into. At its core, real estate is the coolest even in failure. You build an airline on leased planes and if it fails all that the lenders are left with is a brand with which they can have ‘Good Times’ while humming Oo La La, La, La, Le, Oo. If real estate fails, lenders to the project still have the land and nothing as an asset gets as real as this.

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