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Home > News > Tags > Turnover Ratio
Realty players downsize land banks to trim debt
Realty players downsize land banks to trim debt
May 25, 2012

Many leading realty players have seen their land banks getting smaller by over 50% in the past three to four years, as they try to cut their mounting debts. Real estate developers went on a land accumulation spree before 2007, as the property market was attractive.