According to the sources available with the www.propertykhazana.com, after some up and downs, the Indian realty segment has started to show signals of bog down to a more sensible equanimity rate of growth. Indeed, the current alteration is that the Indian economy and realty segment is undergoing and might also witness the test of the pliancy of the economy and realty segment, realty segment is an important rider of growth of our economy. It is the 2nd biggest industry, catering employment to the realty heaps and uneducated workers and also for experienced workers who are below poverty line and the segment backs multiple industries, grading from Steel, Cement, Paint, Sanitary Ware, Light Fixtures, Glass, Aluminum and so on.
Sources revealed at www.propertykhazana.com says that, the current situation of the Indian realty segment is fairly same to what the segment experienced in the mid 90s, but when collated both the conditions there is a fundamental difference. Lot of demand in the 90s was formed by conceptive property investors awaiting their properties to realize in value, an irrational ardor over the short term without an amply large and deep class of real purchasers of land. But now, demand is ridden by the flourishing economy and in the previous years, India had grown at a combo yearly rate of about 9% and the high rate of growth radically enhanced the income level of the urban Indians and the middle class has much better purchasing power than in the past decade. For more and latest realty updates follow us at www.propertykhazana.com.
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Feb 22, 2014
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