India’s Sleepwalking to Trouble on Builder Debt
Tower cranes operate while laborers work on residential buildings under construction at the Jaypee Wish Town Project, developed by Jaypee Infratech Ltd., in Noida, Uttar Pradesh, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

India’s Sleepwalking to Trouble on Builder Debt

(Bloomberg Opinion) -- Five months. That’s how long it takes Country Garden Holdings Co. to start selling apartments after acquiring land. A spate of fatal accidents forced the Chinese builder to ...
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