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India: Property prices go down across nine cities in September quarter

Posted on 23 November 2011

The National Housing Bank’s Residex, which tracks residential property prices across 15 cities, has shown a sure sign of demand slowing. Property prices in nine cities dropped in the September quarter, while two cities experienced falling prices in the previous quarter.
The number of cities with property rates rising was down to six in the second quarter, against 12 earlier, according to the NHB index………………………………………..Full Article: Source


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