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Rich buyers in Delhi, Mumbai willing to pay premium even for properties under litigation

Posted on 08 November 2012

Deep-pocketed buyers are making a beeline for disputed properties in Lutyens’ Delhi and South Mumbai, simply because clean titles scarcely come up on the market in these most coveted of India’s residential addresses.
Most homes put up for sale in these areas involve multiple feuding owners, real estate experts say, explaining that the descendants of the original owners often find it difficult to divide these prime properties among themselves………………………………………..Full Article: Source


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