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2011: Tough year for realty, no respite seen in short-run

Builders pay for Floor Space Index, buyers bear the brunt
Slow sales may force builders to hold on to prices, but expect the extra cost to be passed on in the future. The Maharashtra government's recent decision to make developers pay a premium for any floor space index (FSI, the ratio of the total built-up area allowed on a plot vis-a-vis the plot size), eliminating the earlier concessions on this, is likely to have two consequences. One is to push up property

Re-enter the Conservatives

Pity the Billionaire, by Thomas Frank, is a showcase example of the problems that can be created by the long lead time (six to nine months or more if a project has not been fast-tracked) involved

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Ferguson says Lampard not coming to United

Manchester United manager Alex Ferguson has dismissed speculation that he was considering signing Chelsea midfielder Frank Lampard in the January transfer window."You are not going to tell me Chelsea

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China IPO market biggest despite slump

China remained the world’s biggest IPO market in 2011, even as total funds raised slumped from the previous year due to global economic uncertainty, undercoring the shift of financial power

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Chelsea win, Arsenal lose in more late drama

London: Chelsea and Arsenal experienced contrasting late drama in the Premier League on Monday with an 89th minute Frank Lampard goal giving Chelsea a 2-1 win at Wolverhampton Wanderers while Bobby

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GOP's Santorum fighting to contend in leadoff Iowa

Rick Santorum isn't going down without a fight. In fact, that fight might be lifting him up.

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