Ringing in 2013 with high hopes

by Paul Joseph on December 30, 2012 · 0 comments

The year 2012 has been discouraging for home buyers as well as developers except some strokes of positive movements that were few and far between. During this year, home buyers found their dream house unaffordable while investors that were on the lookout for good returns were disappointed. Developers too found their projects increasingly turning unviable. NO BANG, ONLY WHIMPER “The entire housing driven economy has taken a setback. The governments are trying to recover revenue through higher taxes and premiums, which will be counterproductive and is resulting in the price escalations. The governments has preferred to avoid taking decisions in real estate sector to avoid controversies, which further resulted in

[via India Properties – Real Estate India – Indian Property News Site]

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