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Real Estate Briefing - Categorized | Market Moves, Regulatory more

India: Realty remains a dirty word for regulators

Posted on 23 August 2010

From Business-standard.com: Many feel the fluctuating market prices in real estate does not ensure stability required in banking space. The year is 2007. The Indian stock market is in the midst of a great bull run. Indiabulls, a prominent name in the financial services arena, applies for a licence for mutual fund operations.
Cut to 2008. HDIL Constructions and Kumar Housing Corporation apply to the Securities and Exchange Board of India (Sebi) for launching real estate mutual funds…………………………………….Full Article: Source


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