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	<title>Property News India and Featured Real Estate Stories &#187; subdued response</title>
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		<title>Residential values going down in Mumbai</title>
		<link>https://groups.commonfloor.com/news/residential-values-going-down-in-mumbai-28267</link>
		<comments>https://groups.commonfloor.com/news/residential-values-going-down-in-mumbai-28267#comments</comments>
		<pubDate>Wed, 29 Aug 2012 11:38:33 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[delays in possession]]></category>
		<category><![CDATA[home buyers]]></category>
		<category><![CDATA[Lower rate of absorption]]></category>
		<category><![CDATA[Mumbai Properties]]></category>
		<category><![CDATA[Property transactions]]></category>
		<category><![CDATA[Residential Sector]]></category>
		<category><![CDATA[subdued response]]></category>
		<category><![CDATA[supply outpacing demand]]></category>
		<category><![CDATA[unsold flats]]></category>

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		<description><![CDATA[Mumbai is witnessing supply outpacing demand in the residential sector. On one hand, upcoming projects are witnessing very subdued response from the buyers and investors. On the other hand, pace of construction is slow and almost 70 per cent of the total residential units under construction in the northern fringes of the city remain unsold [...]]]></description>
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