Mumbai property sales on recovery path
Shubhra Tandon: Mumbai, Jan 23 2013, 01:27 IST
CREDAI (Confedration of Real Estate Developers Associations of India) says, “This shows that as approvals have started coming in, there is supply of residential stock in the market, which has led to sales. We are hopeful that now this trend will continue provided approvals keep coming in, which are still slow given the fact that environment clearances still take upto two years.”
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