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Price Crash

BSCAL

As a corollary, prices of prime property can be expected to nosedive, taking down with them prices in the suburban areas too.

But shell-shocked brokers hold otherwise. Why we are looking at 1997, the year when Hongkong goes back to China. All Hongkong Indians are sure to line up to buy property in Mumbai, prices will go up, they feel.

 

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First Published: Sep 23 1996 | 12:00 AM IST

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