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Realtors put launches on the back burner
Pulled down by their muted bottom lines and a slowing economy, real estate developers are going low on new launches. Clearly treading the path of fiscal consolidation, their focus is on completion of projects in hand. DLF Ltd, India’s largest real estate developer by market capitalisation, which recorded a 33 per cent net profit fall in the January-March quarter and 26 per cent fall in full 2011-12,
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