Corruption in real estate sector
Corruption is talk of the hour for higher property prices in India.
Yes, of course! its completely unbelievable as to why there is a mad hike in property prices?
The only answer for all these questions is corruption!
Few of the realty experts do have a point in saying that the politicians invest black money on properties in their own concern to keep rates high!
The negative effect of this is the builders are winning over the black money scenarios in Indian realty!
However, the fact lying behind is entirely different wherein corruption surely kills the realty transactions in a major scale!
Source: First post
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