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  • Seeking Alpha in Indian Real Estate [View article]
    Real Estate prices are held up artificially in India by builders. There aren't any actual buyers at the moment. A walk down an area like Bandra/Khar in Mumbai is proof enough. Several new malls are empty and so are the newer buildings.

    In 1997 real estate prices corrected by over 70% in parts of Bombay. The same thing is going to happen.
    Mar 02 13:41 pm |Rating: 0 0 |Link to Comment
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