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Housing: Scaling new heights!
May 24, 2006The Indian housing industry is highly fragmented, with the unorganised sector, comprising small builders and contractors accounting for over 70% of the housing units constructed. The organised sector comprises large builders and government or government affiliated entities. The investment in housing has steadily risen over the plan period .The tenth five-year plan envisages a growth of 381% in the total investment made in the housing segment. Such growth is owing to the shortage of housing in th
Real estate: Challenges ahead
Apr 17, 2006The real estate sector in India has assumed growing importance in the past few years, especially with rising demand and consequently buoyant property rates. Real estate, in fact, has emerged as one of the most appealing investment options for domestic as well as foreign investors. Developments in the sector are being influenced by faster growth of the retail, hospitality and entertainment, economic services and information technology industries. However, despite such strong growth, the Indian re
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