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Quacks invade real estate sector

The real estate sub-sector is abuzz with dubious ‘professionals’ out to rake fraudulent profits. As a lucrative sector that greatly influences the growth of the economy and expected to contribute up to six per cent this year, fakes want a share of the cake.

For instance, the construction sector recorded improved growth of 14.6 per cent in the third quarter of 2010 compared to 2.4 per cent during the similar period in 2009.

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