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India: Realty projects on a roll, despite slowdown

Posted on 05 April 2013

“Save lakhs by buying a pre-launch flat…excellent location, reputed builder, metro connectivity”… “Holi offer: Plot in just Rs 12 lakh before Holi, rate revising soon”… “Last chance to grab personal suites, pay 15 per cent now, no EMI till 18 months”… “Most awaited project launching at Rs 6,550 per sq ft, next rate Rs 7,550 after this week, book profit”.
These are among the hundreds of promotional messages which have flooded the inbox of mobile phones over the past few months, more so since the beginning of 2013, after a longish lull. But even as developers are on a spree to launch residential projects, it may not mean the end of trouble for the sector………………………………………..Full Article: Source


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


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