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Beware we are heading for Recession
by Rahul on Dec 12, 2007 11:38 AM

We should not allow these builder lobbies to loot us any further. Just inagine flats in Bangalore or Mumbai getting costlier than in London and New York and who is making the most of it..these builders who are largly funded by Mafia and politicians. Imagine now 2 bedroom flats (decent ones in decnet localities) are not available less than 40 - 50 lakhs and 3 BHK for 70 - 80 lakhs that too in a country like India where 25% of population doesnot get 2 meals a day, literacy is less than 50% and only 2% of population pays tax...this entire thing looks so illogical .. no wonders companies have started moving out of India and we are literally staring at recession enginereed by out great politicians

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