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India Real Estate for Sale

Wednesday, May 30, 2007

No price bubble in Indian real estate

Property developer DLF Ltd. said on Tuesday it did not see a price bubble in the country's real estate sector, and expects property prices to remain steady at current levels."I don't think there is any bubble, neither will it burst," DLF vice-chairman Rajiv Singh told Reuters on sidelines of a media conference for the relaunch of DLF's initial public offering.