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Babus turn out to be canny investors

Of the 4,587 members of the Indian Administrative Service (IAS), about 660 did not file their statements on Tuesday — the last day for declaring immovable property. The statements posted on the department of personnel and training website shows how babus are canny investors since most of them own several properties. Greater Noida is the most preferred investment destination, followed by other parts of the sprawling and rapidly expanding National Capital Region. 

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