It is a step in the right direction to introduce `title insurance' (Business Line September 21) not just for the sake of attracting foreign direct investment in the real-estate sector but also in the overall interest of property owners. This is one sector where corruption is rife. The Centre should not stop with introducing `title insurance' but go one step further and purge the sector of all corrupt practices to bring about transparency and efficiency.

N. K. Raveendran

Bangalore

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(This article was published in the Business Line print edition dated September 29, 2005)
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