Real estate needs a regulator urgently

The first was that they increased prices too much, too soon. Since sales volumes were strong, all developers across the country felt prices should be increased, even though many of the projects were on legacy land parcels.

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Bibliographic Details
Published inDNA (Mumbai, India)
Main Authors Chakraborty, Bhaskar, Mehta, Avi
Format Newspaper Article
LanguageEnglish
Published Mumbai Diligent Media Corporation, Ltd., DNA - Research, Archives & Syndication 28.09.2009
Subjects
Capital intensity
Finance companies
Real estate
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Summary:The first was that they increased prices too much, too soon. Since sales volumes were strong, all developers across the country felt prices should be increased, even though many of the projects were on legacy land parcels.