Updated On: 03 November, 2012 08:14 AM IST | | Varun Singh
With projects and plans promised by the late union minister and former CM to his home district not materialising, the economy of the area ufffd particularly the property market ufffd has been hit hard
The demise of Marathwada strongman Vilasrao Deshmukh has not only made a significant dent in Congress’ political fortunes and aspirations in the state, it has also resulted in some unforeseen afflictions. One of the victims, astonishingly, is the property market of Latur. According to real estate industry sources here, flat prices have plummeted more than 40% and plot rates are down by 50%.

Big loss: After Vilasrao Deshmukh’s death, the flat prices in Latur have plummeted more than 40% and plot rates are down by 50%. File pic