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Real estate is synonymous with black money

Paromita Banerjee is livid. Her builder has asked her to make illegal payments to seal her Rs 40 lakh flat purchase in Navi Mumbai. The 32-year-old IT professional, who has never given or taken a bribe, has to pay Rs 2 lakh for water and electricity connections, even though these are her entitlements. And an equal amount for a parking slot, even though the Bombay High Court disallows the sale of common area. All in cash.

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