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You might have studied in your Economics class- the law of 'demand and supply'. It is a well known fact that an excess of demand over supply, leads to the rise in prices of the commodity. The current scenario of India's real estate is a true portrayal of this basic fundamental of economics.
from: http://ezinearticles.com/?Is-the-Real-Estate-Boom-in-India,-Realistic?&id=8042883
