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	<title>Property News India and Featured Real Estate Stories &#187; Dubai-based realty</title>
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		<title>Developers aim at reaping benefit from decline in rupee</title>
		<link>https://groups.commonfloor.com/news/developers-aim-at-reaping-benefit-from-decline-in-rupee-27910</link>
		<comments>https://groups.commonfloor.com/news/developers-aim-at-reaping-benefit-from-decline-in-rupee-27910#comments</comments>
		<pubDate>Wed, 22 Aug 2012 11:08:06 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[decline in Indian Rupee]]></category>
		<category><![CDATA[Dubai-based realty]]></category>
		<category><![CDATA[Non-resident Indians (NRI)]]></category>
		<category><![CDATA[Properties]]></category>
		<category><![CDATA[Property]]></category>
		<category><![CDATA[Realty developers]]></category>
		<category><![CDATA[Rupee depreciation]]></category>
		<category><![CDATA[Sternon Group]]></category>
		<category><![CDATA[U.S. dollar]]></category>
		<category><![CDATA[US dollar]]></category>

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		<description><![CDATA[The decline in Indian rupee has been seen as a benefit by developers of India. Developers have long targeted the non-resident Indians or NRIs, who are often tempted to buy property in their country of origin. The rupee has fallen nearly 18 per cent over the last one year, to trade at around 55.48 rupees [...]]]></description>
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