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Housing prices rise most in India

Posted on 21 March 2012

Housing prices in India witnessed the steepest rise in the world in the last 10 years since 2001. “House prices in India have increased by 284% in real terms, after allowing for inflation - equivalent to an average annual rise of 14%,” said Lloyds TSB International Global Housing Market Review.
This is an over six-fold increase compared to the 47% rise in China’s housing prices over the same period. After India, Russia recorded the next biggest increase of 209%………………………………………..Full Article: Source


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