Indian Real estate IPOs may lie in cold storage for some time

The impact of the Dubai World debt crises will not only be felt in the Middle East markets, but also on the Indian Real Estate Market. The Indian Real Estate initial public offerings such as Emaar, Lodha, Sahara and slew of others will find the going tough in the next few months. The global liquidity boom has driven stock valuations higher as compared to earnings in the Indian Real Estate sector and we might witness a downward correction in the Indian Market in the coming weeks.