debussy

Indian Realty Sector Expected to Grow 45% in 2008

The reality is that prices of real estate in India is getting clobbered.

What 'Diwali Effect'?

If the performance for IIF and IFN are based on the stock price as of 60 days post Diwali - the above bar chart is probably incorrect. IIF issued a hefty dividend almost $11 out of $55, and I am sure IFN did so too towards the end of the year. I own IIF, and I got 61 shares for about 280 I owned prior to the distribution.

The debunking of the Diwali myth is probably correct nevertheless.