Thursday, December 14, 2006

India Real Estate Sector Update.

The Insane and abnormal Real Estate boom in India is expected to last for a decade said Kamlesh Chanda Chakrbarty, CMD, Indian Bank.

Those who enter real estate with their own money will never lose the money inspite of changing business cycles. [Buy High and Hold when the market crashes, example folks who bought property in Bangalore in 1996 could sell in profits only in 2005]

The Indian real estate sector is currently valued at $12 Billion and growing at a rate of 30%.

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