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Builders, buyers unite against hike in Delhi circle rates- Property News
Posted
August 30, 2016
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144
August 30, 2016
144
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2:46Now PlayingIn the National Capital, homebuyers, developers, and experts unite against the government to review circle rates. In several places, circle rates are higher than market values. Experts said the move will give rise to black money, and lack of transparency in the market.
The real estate market in Delhi has been sluggish over the last couple of years. Sales have dipped. While economic factors and project delays have played their part, one of the major reasons for slow sales is also sky-high circle rates.
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