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Global decline impacts on Bangalore realty

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The silicon city is no away from the ripple of global slash down in realty across its many major locations around the city. According to a source of www.propertykhazana.com a two day conference was held recently to put forward some burning issues by the state govt. to an elegant crowd of realty developers here in Bangalore. It was initiated by the CM BS Yediyurappa along with the Union minister for urban development -Jaipal Reddy.
Both the big minds of the politics has maintained a tactful stand through out answering the queries of the realty downfall in the state besides making way for huge cash flow to various projects around the corner of the major locations of the state including Bangalore. The govt. team agrees that the count of the new projects has drop down to 32 percent low as compared to the same period in the last financial year as added on www.propertykhazana.com
As usual assurance was flooded during the speech ceremony and declared some more financial assistance once the situation gets stabiles. CMD of Prestige Estate states that “developers are bound to sell the completed housing units at very minimal cost as compared to the sky rise margin earlier. For more updates visit www.propertykhazana.com
Source: NBTVLIVE

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