| Year 2005 brought an unexpected success for | | | | given the professionalism in government |
| the real estate industry in India. Prices | | | | policies, new favorable demographics, better |
| sky-rocketed in multiples of last year | | | | financing products and increased purchasing |
| prices. The boom maintained its pace in year | | | | capacity. Cities like Delhi, Mumbai, |
| 2006 and doing well. The 100% Foreign Direct | | | | Bangalore, Pune, Hyderabad and Punjab are |
| Investment opened gates for foreign investors | | | | likely to grow 600% in terms of commercial |
| with a promise of lucrative returns. The real | | | | spaces. The residential sector has enormous |
| estate infrastructure is flourishing by | | | | amount of townships on the way by big players |
| continued supply of foreign exchange to the | | | | like Uni-tech, Omaxe , D.L.F. and T.D.I. with |
| building industry investment funds. Some real | | | | their promising projects. Some builders are |
| estate firms like Dubai based "Emma r" were | | | | even coming up with specialized and themed |
| few of taking advantage of this Foreign | | | | commercial and residential developments like |
| Direct Investment (F.D.I.) relaxation.Some | | | | home appliance |
| reports surfaced the fact that Indian Real | | | | |
| Estate market will be growing to a US$102 | | | | malls, auto malls, food plazas and many |
| billion in the next 10 years from current | | | | more.M.V.L. |
| US$14 billion. This growth is not unexpected | | | | |