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Are the property prices appreciating in India? If yes then why?

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Are the property prices appreciating in India? If yes then why?

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Yes, property prices are appreciating in India. The reason is that the demand from genuine owners have gone up considerably because of easy & cheap housing finance, higher disposable income, tax benefits and top class amenities. Gurgaon witnessed approximately 40% increase in property prices in the year 2004.

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