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June 14, 2007

India experiences vast economic growth

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by Kay Murchie

India experiences vast economic growth

India has experienced rapid growth in property prices over the last few years, especially in major cities such as Mumbai, where a new type of business professionals and entrepreneurs have appeared.

The demand for new homes in India is expected to grow with 20 million properties required over the next few years. In addition, it is anticipated that by 2015 the property market will have experienced a seven-fold increase.

By tradition, Spain and France are popular for UK investors but the more daring are opting for India. It is predicted that the real estate market is a great opportunity and could last for some time.


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