18.07.2012 - India: Realty prices may go up, warn builders
The Punjab and Haryana high court order has given sleepless nights to private developers in Gurgaon. They have indicated that the realty prices could go up if they were forced to source water from other towns such as Noida, as it will send costs soaring. The developers also blamed the Haryana government for its failure to provide adequate canal water despite collecting thousands of crores of rupees in the form of external development charges (EDC) and infrastructure development charges (IDC) from them...............................................Full Article: Source
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