Monday, January 21, 2008

India's booming property market

Real estate in 21st century India is changing the skyline of even satellite towns. Apart fropm the metro cities, smaller towns have attracted construction activity from big developers. Shopping malls, skyscrapers and new infrastructures are shaping new India.
The property sector boom is a direct result of return of the prodigal NRIs (flush with funds), foreign direct investments, multinationals entering every nook and corner of the country to set up base. Whether it is New Delhi, Noida, Mumbai, Hyderabad, Bangalore, Goa, Pune or even towns like Cochin, Udaipur, Jaipur the dynamites are paving new ways. Real estate industry is witnessing major changes.

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