Again a news article from TOI which says foreign direct investment in India's real estate and housing sector has increased 80 folds in last 5 years. Now you may get a feel of why the price of property somewhere like in Mumbai or namma Bangalore is unbelievably high.
FDI investment used to be around INR171 crore in 2005 and now it has grown to a staggering INR14000 crore!!!
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