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'These are the sins of a typical bull run'

Q&A/ Gaurav Dalmia

Nothing seems to be going right for the country's real estate developers: Consumers have started shying away from the market with the rising interest rates on home loans and developers are unable to tap funds. Though developers are still putting up a brave front, they know the ground under their feet is shaky. Gaurav Dalmia, the chairman of Landmark Land Holdings Pvt Ltd, which has invested in more than eighteen projects in the past five years, tells Bhupesh Bhandari what went wrong. Isn't Indian real estate facing its worst ever crisis? There is nothing called the Indian real estate ...