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India: Will demand for new property rise?

Posted on 02 March 2012

Global economic uncertainties have affected India’s economy, including the real estate market. A survey on the real estate outlook for 2012 by 99acres.com, revealed mixed sentiments with almost 56 per cent brokers and builders expecting the demand for new property to rise over the year.
At least 33 per cent say that the demand for resale property will move up, while 26 per cent of them feel that people will not buy property and things will not change much………………………………………….Full Article: Source


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