Stock Analyst Choice

Déjà Vu All Over Again

The real estate sector's current fate is reminiscent of the dot-com bubble of yesteryears

The underlying foundations of the great Indian growth story rested on our impervious fundamentals. Facts, figures and realities, all of these were supposed to catapult the Indian economy into the double digit growth trajectory. Perhaps, everything was on the right track and the case was well advocated by the spin doctors. But as they say, when everything's coming your way, you're probably in the wrong lane…

This article was originally published on July 23, 2008.


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