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Saturday, November 12, 2011

Investing in Real Estate..a tale of Asia versus the West

Single women in India are investing in real estate for stability - The Economic Times: "For 33-year-old Shalini Natraj, "investment and stability" were the prime reasons for buying a 1,300-sqft 2BHK apartment in Jakkur, a suburb of Bangalore, for Rs 50 lakh.

"I'd been living on rent for some time and I wanted to own a space. I didn't enjoy the idea of someone coming up to me and asking me to vacate or being told not to make any changes to the house," Shalini, a senior HR manager at American retailer Target's Bangalore office, says. "Owning a flat gives me an immense sense of pride and achievement. It feels great to have used my money in a good way. I feel in control of things." "

'via Blog this'

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