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The invisible buyers

Black money distorts housing markets, pricing out genuine homebuyers.

How black money has blocked out genuine homebuyersAditya Roy/AI-Generated Image

हिंदी में भी पढ़ें read-in-hindi

A friend recently shared a viral social media thread about housing prices in Gurgaon that struck a nerve across urban India. The author described someone earning twenty lakh rupees annually – placing him in the top five per cent of Indian earners – yet unable to afford even the most basic flat in his city. Every project starts at two and a half crores, complete with infinity pools and Italian marble that this prospective buyer neither needs nor wants.


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