In India property is worth killing for.

Fellow wants his father to sell off ancestral property but his father refuses so he bashes his father's head in. Another fellow stabs his mother-in-law to death, stabs his brothers-in-law and his wife after quarreling with his paralysed father-in-law over property. A property dealer was shot in his abdomen in East Delhi by a fellow wearing a helmet, who escaped on a motorbike. All this happened within the last couple of days. In a shameless act of sycophancy the Congress government in Haryana has legalized the sale of a piece of land by Mr Robert Vadra, son-in-law of Ms Sonia Gandhi, to DLF for Rs 580 million. The sale was deemed illegal by IAS officer, Ashok Khemka because it was agricultural land and could not be used for any other purpose under the Land Consolidation and Holding Act. A Public Interest Litigation, alleging that Mr Vadra used his family connections to change the land-use clause, was rejected by the Delhi High Court. Haryana is to hold assembly elections on 15 October. To avoid the election code Mr Nikhil Kumar was made to resign 7 months prematurely by the Congress and Ms Sheil Dixit appointed within hours, allegedly to protect her from the Commonwealth Games scam investigation. Isn't it wonderful that Mr Vadra's deals are deemed legal but the Campa Cola Compound residents lost their homes because the courts, including the Hon'ble Supreme Court, found them in violation of the law. The real violators, the builder and municipality officials have gone free. The reason for all these crimes is that property prices have rocketed in recent years as trillions looted from various scams have found their way into the real estate sector, although the decline in the growth rate of the economy has halted the runaway rise in prices. However, as the economy picks up there are new predictions of greater investment in real estates, which means rising prices again. But isn't it good if property prices keep rising? After all, property is the most expensive investment in anyone's life so if prices keep rising infinitely it will create ever more wealthy people. Trouble is that it creates massive inequality as those who own real estate become ever richer while those who have to live in rented accommodation become ever poorer, as rents keep rising in tandem. As prices rise to levels seen in the US at some point reality will kick in and the rupee will dive to compensate. As the rupee falls so inflation will rise on the back of expensive imports, especially oil. Maybe that is what is worrying the RBI which has so far refused to reduce interest rates. Even business fellows, who were howling for lower rates just a few months back, maybe seeing sense. Mr Modi cannot control corruption unless real estate prices fall. The RBI is helping.