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Unreal Estate Management

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There is no doubt that the government is squatting on too much prime land — the Kelkar Committee report mentions land held by Indian Railways, various port trusts, and public sector units in particular. Given the tight real estate market in India’s cities, there is little excuse for persisting with this state of affairs in the long term. This land should be freed up for other uses, and the government should realise the full market value from the sale….Read More

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