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Why Mumbai’s real estate market is still red hot

Posted on 28 June 2012

Mumbai, India’s financial hub and home to Bollywood — one of the largest movie industries in the world — is the most expensive city in the country and real estate prices in the city compete with other Asian centers such as Singapore and Hong Kong.
Over the past year Asia’s third-largest economy has grappled with corruption scandals, policy flip fops and poor fiscal performance, but property prices in its largest metro have stayed immune, clinging to pre-Lehman highs………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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