NARAINS CORP. Seasoned and established developers are staying away from bidding of plots at rates double the reserve prices, those who are paying such amounts are developers from outside Mumbai seeking an entry in to the city. Also, ultimately the buyer will have to bear the brunt of these over-priced deals. A single isolated deal when sold much higher then the reserve price is seen by other sellers as a standard and hence their expectations increase. "name=DESCRIPTION>
   

What Next - January 21, 2006. Times Property (Times of India)

Chetan Narain advises on how not to cave in to the unreasonably high prices being quoted for commercial properties at Bandra-Kurla Complex and how to make the right decision while buying.

The unreasonably high prices quoted for commercial properties at Bandra-Kurla Complex

  

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