Land fraud and mortgage fraud over the past years have grown significantly in Sri Lanka threatening the stability of local banks. Thus it’s time to take immediate action as the money lent by banks on negative equity or forged deeds belong to the depositors. More>> (Source: Sunday Times) |
Analysing Sri Lanka's Property market, investment options and latest property news in Sri Lanka
Monday, 26 March 2012
Could banks survive with land fraud?
Tuesday, 6 March 2012
Latest property stats available now
Average land and house prices at the end of 2011 now available on LankaPropertyWeb.com.
Average house prices climb to Rs. 17.88 million and land prices at 630,000 per perch.
For full stats, visit http://www.lankapropertyweb.com/house_prices.php
Average house prices climb to Rs. 17.88 million and land prices at 630,000 per perch.
For full stats, visit http://www.lankapropertyweb.com/house_prices.php
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