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Real Estate Forum on Sharp Correction In Property Prices

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Q: As per report put out by brokerage firm Ambit Capital which says that a sharp correction in property is in the near days.
Latest Answer: Even though, there was little room to cut prices due to high costs, builders were now willing to reduce prices and sell units even at a loss. They will sell in order to meet cash flow requirements such as interest payments, overhead costs or further construction.
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