http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aCJhy9DTh7b8
Mumbai, India’s most expensive real estate market, had a record number of unsold housing units, Goenka said. Still, he doesn’t expect developers to slash prices. Land values have declined by as much as 40 percent from peak rates, he said.
Mumbai, India’s most expensive real estate market, had a record number of unsold housing units, Goenka said. Still, he doesn’t expect developers to slash prices. Land values have declined by as much as 40 percent from peak rates, he said.
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