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For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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Indians feel the pinch as property bubble bursts

Submitted by on Saturday, 7 March 2009No Comment
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From building boom to bust, India was part of a larger real estate bubble created partly by loose monetary policies.

Al Jazeera’s Matt McClure reports from a Delhi suburb where both investors and labourers are losing hope fast as cash-strapped builders halt work on housing projects.

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