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Apartments in Hanoi are reaching record-high promoting prices as a end result of provide and demand differences and low rates of interest, which some experts say is distorting the market. This means there might be a continued lock-in effect, which implies there’s a niche between current charges and the rates owners already have on their outstanding mortgages. About two-thirds of outstanding residence loans have a rate beneath 4%, Realtor.com data exhibits. As a result, potential residence sellers may be much less incentivized to surrender their ultra-low mortgage fee for a higher one on one other house, prompting them to remain put in their current properties. Pursuant to Regulation 30 and different relevant provisions of the SEBI LODR Regulations, please be told that the Board of Directors of Indiabulls Real Estate Limited at its assembly held today i.e.
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