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Old 05-11-06   #5
Pinnacle is offline Pinnacle
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Location: Mumbai, India
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Exclamation Wait and Watch..

Its not time yet to rejoice..
The new housing policy seems pathbreaking, but it needs to be taken with a big pinch of salt
If the past records of all the state goverment is anything to go by, it will be ages before things are implemented in the right spirit and get the desired results
I dont intend to sound pessimistic, but with my 12 year experience in the industry, i have seen closely the way this industry functions.
I spoke to few of the big wigs in the industry and eveyone had a cautious wait and watch attitude
Read the article in todays Sunday Mid-Day
http://ww3.mid-day.com/news/city/200...ber/146091.htm

It would be interesting to watch the government implement all the points raised in their New Housing Policy at the earliest.

Ram
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