p.s. you could try symlinking the modversions.h file to the new location.
sudo mkdir -p /lib/modules/3.2.0-48-generic/build/include/linux
sudo ln -s /lib/modules/3.2.0-48-generic/build/include/linux/modversions.h/usr/src/linux-headers-3.2.0-48-generic/include/config/modversions.h
sudo mkdir -p /lib/modules/3.2.0-48-generic/build/include/linux
sudo ln -s /lib/modules/3.2.0-48-generic/build/include/linux/modversions.h/usr/src/linux-headers-3.2.0-48-generic/include/config/modversions.h
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