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In a market predominantly driven by investors, sustaining for any developer in Mangalore is limited beyond a particular extent. However, with the influx of BPOs and other companies entering the city, more end users are entering the market now. There has been a 20 per cent price rise in property values across all micro-markets. ..
The current crisis in the real estate market has not prevented listed companies in the sector from doling out liberal dividends for the fiscal year 2012 and helping their promoters to make a killing even as the companies struggled to pare debt. ..