Infact there are more investors with black who pre-book with the builder and then before registration dump the property on unsuspecting buyers with huge gain. they then roll the black money onto the next project with the same builder. the cycle can only be broken if loans r not available to the end-user. as of now 50-60L is easily available so any price crash in this range is a remote possibility. The bank has approved a loan of 60L for a friend who earns 8L.
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