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(5) Discuss the major reasons for property in Indian |
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Answer» Explanation: Easy availability of bank loans; b) Growing income levels that have increased the middle classs purchasing power; c) Efforts of the government to encourage the service INDUSTRY; d) The opening up of the real estate industry to Foreign DIRECT Investment (FDI); f) The virtuous cycle: As more people invest in PROPERTY, property PRICES rise increasing their CAPITAL value and encouraging more people to invest. |
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