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Frustrating for the real estate developers who launched new projects in Navi Mumbai

Haste is waste! Though not complete waste, it definitely is frustrating for the real estate developers who launched new projects in Navi Mumbai with gusto.

To cash on the perceived real estate boom that would have accompanied the airport, developers had launched various projects in Navi Mumbai. However, the uncertainty now has unnerved the developers now with plummeting and rising inventory.

A report by the Economic times says that there are around 150 newly built

frustrating for the real estate developers who launched new projects in Navi Mumbai with gusto.

frustrating for the real estate developers who launched new projects in Navi Mumbai with gusto.

housing complexes in Navi Mumbai with nearly 30% ready to move in apartments, but there are hardly any buyers. The main reason for this is the under developed infrastructure of the town, which has come to a standstill due to the uncertainty of the proposed airport. Continue to read more at  http://bit.ly/19cBTTD

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