Real estate prices are now not reasonable to the common man. IT parks are proliferating plus more and more MNCs are entering India. NRIs, traders, well established doctors, lawyers, engineers are ready to spend crores for their dream use. After purchasing these lands, they are spending 50/60 lakhs on building. How can the common man, bereft of the much wanted capital, afford houses or flats in India ? Trading is one of the reasons for the rise in prices, as a high possible nation industrialises slowly and progressively . Many builders have stepped in the realty division and they are buying old houses, renovating them and selling them off at a huge income. Across the length and breadth of India, real estate prices are skyrocketing, as NRIs and overseas firms fuel the demand of residential space and selling. Whether you buy in South, North, West or East India, the chances of your capital admiration is immense.
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