Land price in India
What is it about?
The market price of land in India is high. This is in comparison to the intrinsic or fundamental value. It is also in comparison to the market price of land in developed countries. Why? This paper explains the reasons.
Why is it important?
Land is the most important asset in India. Its value matters. Also, possible changes in the market price of land in future matter for an investor's wealth and consumption. They also matter for macroeconomic and financial stability. They are also important for huge number of farmers who depend on land.
The following have contributed to this page: Gurbachan Singh
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