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	<title>Property News India and Featured Real Estate Stories &#187; middle-income</title>
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		<title>Affordable houses are no more affordable to buyers</title>
		<link>https://groups.commonfloor.com/news/affordable-houses-are-no-more-affordable-to-buyers-23798</link>
		<comments>https://groups.commonfloor.com/news/affordable-houses-are-no-more-affordable-to-buyers-23798#comments</comments>
		<pubDate>Tue, 03 Jul 2012 06:54:17 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[census data]]></category>
		<category><![CDATA[high-end]]></category>
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		<category><![CDATA[India]]></category>
		<category><![CDATA[Indian developers]]></category>
		<category><![CDATA[Jones Lang LaSalle (JLL) India]]></category>
		<category><![CDATA[Luxury]]></category>
		<category><![CDATA[middle-income]]></category>
		<category><![CDATA[Real estate services]]></category>
		<category><![CDATA[the ministry of housing and urban poverty alleviation (MHUPA)]]></category>
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		<description><![CDATA[The Indian developers mainly target luxury, high-end and upper-mid housing segment. Meanwhile the housing requirements of the lower middle-income and lower income groups that are grossly neglected in India. There is an  ever-growing housing shortage since the cities fall short of planned housing for low-income group. According to the report by real estate services firm [...]]]></description>
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		<title>GPL signs Rs 770 crore equity commitment with global partners</title>
		<link>https://groups.commonfloor.com/news/gpl-signs-rs-770-crore-equity-commitment-with-global-partners-23735</link>
		<comments>https://groups.commonfloor.com/news/gpl-signs-rs-770-crore-equity-commitment-with-global-partners-23735#comments</comments>
		<pubDate>Mon, 02 Jul 2012 09:27:52 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Bangalore]]></category>
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		<category><![CDATA[Development]]></category>
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		<category><![CDATA[global partners]]></category>
		<category><![CDATA[Godrej Properties Ltd]]></category>
		<category><![CDATA[GPL]]></category>
		<category><![CDATA[management fee]]></category>
		<category><![CDATA[middle-income]]></category>
		<category><![CDATA[pension fund managers]]></category>
		<category><![CDATA[real estate investors]]></category>
		<category><![CDATA[residential development platform]]></category>
		<category><![CDATA[residential space]]></category>
		<category><![CDATA[Sparinvest Property Fund II]]></category>
		<category><![CDATA[Sparinvest Property Investors]]></category>

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		<description><![CDATA[Godrej Properties Ltd (GPL) has formed a residential development platform with Rs 770 crore of equity commitment. The platform mainly aims towards the development of the middle-income residential space in Mumbai, Delhi NCR and Bangalore, apart from looking for opportunities in Chennai and Pune. GPL would contribute 29 per cent in the investment platform while [...]]]></description>
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