Increase in prices sours revival in demand for real estate

Published: November 27, 2009

Mumbai: The much-heralded revival in home-building could come to nothing as property developers may have raised prices too much too soon, data from realty research company Liases Foras shows.
The country’s largest mortgage lender has a word of caution for real estate companies looking to cash in on the increase in demand.
“Developers have to be careful [...]

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