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Tuesday, September 21, 2010

Growth of Estates

Real estate prices are now not practically to the common man. IT parks are proliferating advantage more and more MNCs are incoming India. NRIs, traders, well established doctors, lawyers; engineers are ready to spend crores for their dream use. After purchasing these lands, they are spending 50/60 lakhs on building. How can the common man, bereft of the much wanted capital, afford houses or flats in India? Trading is one of the reasons for the rise in prices, as a high possible nation industrialises slowly and progressively. Many builders have stepped in the realty segment and they are buying old houses, renovating them and selling them off at a huge revenue. Across the length and breadth of India, real estate prices are skyrocketing, as NRIs and distance firms fuel the demand of residential space and dealing. Whether you buy in South, North, West or East India, the chances of your capital admiration is immense.









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