Expectations from 2013 market

by Paul Joseph on January 6, 2013 · 0 comments

The bill boards along the roads to major towns are again displaying housing ads in the new year. Developers feel that it is best to forget 2012 and expect that strong underlying fundamentals, several initiatives by the government and price corrections will take real estate sector on an upward trajectory during the year 2013. But for buyers the big news this year is that of a de facto regulator emerging for the sector. The Competition Commission of India is understood to be investigating about 70 developers across the country for abuse of dominance. The Commission has already modified the buyer-seller agreement for DLF in two projects in Gurgaon. And this

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

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