Sebi levies stringent penalty: Developers feel the heat

The real estate sector has being growing rapidly in the country, enticing many to participate in the exuberance of its growth. The growing appetite for risk coupled with innovative methods of investment has encouraged many to participate in it. Developers have been floating attractive schemes in the market which are not only a drift from the conventional methods of investment in real estate, but also seem to be within the reach of the common man.

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