Houses in Noida, Gurgaon and Goa are not purchased to live, but to count profits from blackish lots

Vacant houses should be an indicator of oversupply, and should lower prices and greed of sellers. But that’s not the case in hyped Indian real estate market, where people who want to invest in a house – as opposed to those who want to live in it – hold greater points and media reach thanks to something called development.

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