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Housing Finance Scam - Realty Stocks in Blood Bath

Friday, November 26, 2010

The Indian Real Estate Stocks which have always been a pack of cards falling at the slightest jerks have taken a severe beating on the Stock Exchanges today. RBI which has been an indirect hand in glove to the real estate industry backed by Government sponsoring Black Money / Unaccounted - Non taxed Money to be used in deals makes this the least preferred choice for investment.

Investors deserted REal Estate Stocks in yesterday's trade and continued their selling spree in early trade today. Almost all the stocks are down between 5% to 10% and here is how the Indian Real Estate Stock Index looks like.

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