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Housing prices in Mumbai, Delhi matching 2008 level: JLL

Posted on 20 December 2010

From Indiatimes.com: Global property consultant Jones Lang LaSalle on Sunday cautioned that housing prices in Delhi-NCR and Mumbai have reached the peak level of 2008 and any further rise in the rates will adversely affect the demand. It said the prices in the rest of the country may firm up by about 10-15% next year to touch the 2008 level.
“In Delhi and Mumbai, housing prices had fallen by about 25-30% after global meltdown in 2008. The prices have again shot up and reached their peak level this year,” JLL India Chairman Anuj Puri said……………………………………….Full Article: Source


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