Submitted by TheIndiaStreet on May 6, 2007 - 1:40am.
With experts concurring that India and China are lucrative markets for real estate, a comparison between the two countries is inevitable, writes Ravi Teja Sharma.
India and China are similar in many ways. Rapid GDP growth, huge urbanisation, growth in middle-class spends, a boom in housing, organised retail malls and a growing choice of products.
A long running rot in India’s
agricultural scene is now rearing its ugly head. For long government panels and
sanctioned committees had predicted that India would have a problem in
maintaining its ability to provide a consistent supply of vegetables and fruits
to a nation of a billion but these indications have been consistently brushed
under the carpet by whichever political party was or is in power. The result
has been an environment where vegetable prices have been on the rise for quite
some time. Hit by the increasing rate of inflation, they have now sky rocketed. 
The ‘BOTTOM’ is an important landmark in a downward stock market. In
the current period it is a commodity as sought after as hope or confidence. It
is important because it indicates the lowest point that a stock market‘s index
will hit. Once a bottom is reached there is no way but up for the index which
also means that if you invest at the bottom, your money will have no way to go
but up. The benchmark Sensex of the Indian stock market breached the 10,000
level and closed at the 9000 level for the first time in two years today. While it is
still difficult to say if we’ve hit the bottom, we can surely say we’re
somewhere close to it. 
