30.04.2012 - What housing? India’s realty sector data is an opaque house
In India, no matter how much you want to, you cannot do any analysis because the data does not exist. Despite the centrality of real estate prices in the economy, as well as in the lives of people, these are an almost completely opaque part of the Indian economy. This is all the more galling because with financial savings less developed than the western countries, real estate (along with gold) is a much bigger part of people’s savings...............................................Full Article: Source
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