The buzz word on the Indian
markets is ‘INFRASTRUCTURE’. Ever
since the UPA romped home with a thumping mandate in the recently held election,
market watchers and investors alike are very hopeful about the huge
infrastructure sector in India. Coupled with the prices of realty, an
additional investment in infrastructure according to them is a guaranteed return
of investment and then some. This is due to the fact that many political
parties have highlighted in their election manifestos; India’s need for an aggressive
and revamped infrastructure network.
The India Street Examines the differences between India and China business and real estate practices. Hal Wendel of C3K Group defends China while we try to convince Hal of India's allure.
In India, it has been all gold for real estate developers and especially rewarding for those companies who are floating their companies to cash on the booming demand and spiraling real estate prices.
Excess supply coupled with rising interest rates would lead to lowering of realty price in the suburbs. It is worth mentioning in this regard that plenty of the projects, which were launched in 2005 and 2006, are likely to be finished in the next six months in Gurgaon and Noida.
