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Hinduja Group flagship company Ashok Leyland today reported a jump of 56.99 per cent in its commercial vehicle sales at 5,333 units in October as compared to the same month in 2008. The company had sold 3,397 units in the same month last year, Ashok Leyland said in a statement. Domestic sales stood at 4,934 units in October as against 2,976 units in the same month last year, up 65.79 per cent, it added.
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New Delhi-based real estate developers DLF and Parsvnath plan to cut property prices by as much as 15 per cent in the next few months to boost sales. The cut comes as part of their plans to launch affordable housing project to lure buyers.
Yes, most of the realtors are slashing their prices to boost up the sales. This is the best time to invest in Tier II cities and also outskirts. I feel that the metro areas are still expensive.
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