It's madness all around in Pune. Properties which are not even worth 20L are selling in excess of 30L, and why not, there are a lot of fools who buy such properties thinking their investment is going to double in a few years. Builders still have a lot of inventory and if we stop buying for some more time, prices are destined to fall again. Dont believe news such as 700 flats booked in 40 days. Its nonsense. Tell them to show you the registration papers of those 700 flats.
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