India's first real estate index launched
Mumbai-based research agency Liases Foras has launched the Real Estate Sensitivity Index (RESSEX) to track real estate prices. RESSEX will be based not only prices but also on other factors like interest rates that affect demand.
RESSEX will initially track the Mumbai area and will be updated quarterly. The company plans to expand coverage to other cities in India within a year.
By INRnews Correspondent
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Comments
Thats a great news but what is official site who is maitaining Ressex?
Posted by: dts... | October 29, 2006 12:37 AM