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Mumbai realty rates set to see some correction in 2011

2011 is likely to be a challenging one for realty developers

2011 is likely to be a challenging one for realty developers
Mumbai, the country’s financial capital, is expected to lead a fall in property prices owing to buyers’ resistance to higher prices, rising interest rates, tightening of credit to developers and excess supply. The cash flow of realtors that is getting affected by this fall in sales volume and a crunch in the supply of credit [...] Continue Reading »



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