Gurgaon builder lobby silently exits realty
Update 10 Jan 11
Gurgaon.
A very interesting game of property cartel management was recently played by builder lobby in Gurgaon. The game started to be played since Sep-Oct 10 and was stopped silently by the builder lobby in Dec 10 when they had cooly exited most of their investment. The retail investors who couldn;t understand the game are finally holding the real estate with a loss of about 10% in just one month.
For more details please see attached artcile below
Gurgaon-How-builder-lobby-works-retail-investors-lose