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Written By: Yogin Vora on May 20, 2010 No Comment
Impact of Recession on Real Estate in India

Real Estate

Contribution towards the Economy

Contribution to GDP of about 7%
Second largest employment generator in the country
Real estate growth gives boost to steel and cement sectors
Real estate is a growth engine for development of over 269 allied industries

Major growth Driver

Residential Segment:

Increase in Income level combined with trends [...]

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Written By: Yogin Vora on February 23, 2009 No Comment

The fear of a recession looms over the United States. And as the cliche goes, whenever the US sneezes, the world catches a cold. This is evident from the way the Indian markets crashed taking a cue from a probable recession in the US and a global economic slowdown.

Weakening of the American [...]

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