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Real Estate cos face heat with slow-down in hospitality sector

 
 
In boom, many real estate cos like DLF, Unitech, Pasvanth Developers have entered hotel sector by setting up new hotels. It looked lucrative when the industry was in boom, but now with a longer attractive period, these cos are looking for an exit option with many properties.     Many of them also face liquidity crunch with slow-down. So in the current scenario, existing players have an edge.
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