| The real estate sector is booming in
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| | For a country like India, the real estate
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| India like never before. As the economy
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| | sector has to grow, we are the second
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| of the country shifts into the higher
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| | largest populated country in the world
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| gear of growth and development, the real
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| | and we acquire around 17% of the worlds
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| estate sector is not left behind and is
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| | total population and hence the sector has
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| marching on the road to solid growth,
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| | to grow as, invariably as the standard of
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| hand in hand with the economy.
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| | living of the people keeps going up, the
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| With the land in the metros becoming
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| | people will demand more and more homes
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| extremely expensive, the real estate
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| | and hence the real estate sector will
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| developers are shifting to the suburbs
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| | face a huge demand.
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| very fast and the homes offered by the
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| | Real estate markets continue to gather
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| real estate developers and builders are
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| | momentum in all major markets of the
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| no longer in the cities but are from the
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| | country. Mumbai, Delhi, Bangalore and
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| adjoining suburbs. The city of Mumbai has
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| | Chennai continue to attract interest from
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| developed a completely new suburb called
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| | IT and ITES companies who are either
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| Navi Mumbai and this is a great example
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| | establishing base in these places or are
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| of how prime real estate land drives the
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| | looking for expansion. Real scenario can
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| developers to newer avenues.
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| | be achieved on
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| And the real beauty of the trend of the
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| | India is increasingly viewed as a
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| real estate boom is that it is a very
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| | promising market for all kinds of
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| comprehensive development, rather a
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| | high-tech ventures. Its economy is
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| parallel development and increase of
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| | expected to grow nearly 10 percent this
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| demand for all the types of houses that
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| | year, and Indians hope that this means
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| the industry can offer, for example as
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| | the breakthrough to sustained long-term
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| the demand for one bedroom flats
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| | development. But even if the Indian
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| increases, so does the demand for the
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| | economy grows at about 6 percent
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| elite concept homes is increasing, this
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| | annually, as it has over the past decade,
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| is a very optimistic trend as the
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| | this opens up substantial opportunities
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| development is not in any one of the
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| | for foreign arms companies, especially as
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| segments but in all the segments, and
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| | India has recently undertaken a vast
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| this can be considered as a real
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| | modernization of its weapons systems, and
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| benchmark for determining whether real
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| | is also trying to overhaul its
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| growth is happening or not.
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| | dysfunctional defense industry.
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