A broker friend told me recently that India has truly evolved into a land of extremes. While the Rs 10-35 lakh category of houses is selling fine, so are the Rs 90 lakh to Rs 5 crore category. But if there is any slowdown in the property market, it has been restricted to the mid-budget between Rs 40 lakh and Rs 85 lakh.Realty: Has the middle class stopped buying?- Property-The Sunday ET-Features-The Economic Times
Tuesday, April 22, 2008
Realty: Has the middle class stopped buying?
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