Optimism in the Indian real estate sector is slowly returning. It is a vital sector of the Indian economy that contributes significantly to the Indian GDP. Some of the issues faced by this sector include uncertain global headwinds, high inflation rates, subdued retail demand, high interest rates coupled with credit crunch, challenges associated with land acquisitions, stamp duty costs, non-standardised bye-laws and limited institutional exit options.
Tag: Indian economy
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Importance of PPP for Indian Railways
With the Indian Economy still being in growth trajectory, the country faces acute gridlock in its rail transport. The massive upgradation and expansion of railways is not only critical input needed to stay at the desired growth but the act of massive investment in railways itself will be a propellant for further uplifting the inclusive growth of the economy, writes Mohit Sinha.
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Chidambaram predicts high growth in a year or two
Indian economy will be back in high-growth trajectory in a couple of years, Union Finance Minister P Chidambaram expressed confidence on November 20.
He said that there was no scope for gloom or despair.
Chidambaram said that the world economy slowed down in 2008 and the crisis continues and it is not clear if it would pick up in 2013.
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Infra Hiring: Perception vs reality
Much planning has gone into the infrastructure sectors, but as repeatedly reported in the media, the sectors have not performed to expectations.
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