The price and value of a great number of assets across the country has greatly risen in value since liberalization began nearly a quarter century ago. This change has been across nearly all categories of consumer goods as well as assets such as homes. Whereas once an individual house for sale in Chennai may have been sold for 50 lakhs today the same property may very well cost upwards of 3 or 4 crores and possibly even more. Anyone today who owns an individual house in most urban parts of the country has an asset worth at least 1 crore.
Category: Real Estate - Homes
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