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Real Estate Briefing - Categorized | Market Moves, Mortgage more

India: Mumbai slips behind Pune, Delhi in home-loan demand

Posted on 13 August 2012

Mumbai has fallen by the wayside in the mortgage market rankings as record realty prices keep customers away, say real estate and home finance executives.
Pune and New Delhi have overtaken India’s financial capital with steady demand, while Mumbai has fallen to third or fourth position for housing finance. “It used to be number one but there are not many new projects that sell in big numbers,” said V Srinivas Rangan, exeutive director HDFC………………………………………..Full Article: Source


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