ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Real Estate as Business

Real Estate as Business gave scope to operations by middlemen who went on to control the whole trade. Builders and brokers initially charged a fee of two to four per cent of the sale price of the broker and the builder, respectively; since activity was brisk, huge sums of money were made by the middlemen who graduated to owning and controlling large chunks of real estate themselves.

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