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If the recent ranking of India at the 25th place in a ranking of 80 nations is anything to go by then we are all moving up in the world. Gone forever are the days when India would be ranked alongside Pakistan (which was ranked 74th) and other sub Saharan countries at the bottom of all international rankings. Perhaps this survey is the start of great things for property in India as well as realty has stated to boom in large important cities.
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Even though Uttar Pradesh is among the most raucous and backwards states in India, the pace of economic reforms may rest upon the result of the upcoming elections in the city.
If the central government finds that the results are favorable to it, it will push ahead with reforms, if the results prove unfavorable to the central government it may adopt populist measures that curb large-scale reforms.
Hence the value of properties in India depends upon the poll results of UP.
