Real estate in India has witnessed tremendous changes in Last 10 Years. Earlier, it was mainly dominated by Government Authorities and small time builders, but in few years, it has become a Major Playground for Big Players.

Real Estate has always been a Capital Intensive Industry. With opening of economy , there was shift in Lifestyle and living pattern of Urban Population. With high disposable income , people has starting demanding houses with facilities like Swimming Pool, Club , etc .  This was also supported by Government Polices by giving incentives and  encourage people to avail housing Loan. This gave birth of Builders, who could provide such housings. With entry of MNC, it lead to huge demand for Commercial Space, Manufacturing Units and Production Plants. IT revolution also fueled the demand for IT Parks in cities like Pune, Hyderabad, Noida and Chennai  .  Lower housing interest rates and  Free flow of Investment from foreign players gave ‘never before ‘ growth.

This growth was not just limited to Residential, but also  in Infrastructure, Highways, SEZs, Ports etc supported by Government Polices.

But recent years has seen slowdown in Reality Sector. In process of curbing inflation, RBI has constantly increased interest rates. Apart from that rising Raw material cost, sub prime crisis in USA, Iraq war, Soaring Crude prices, has affected this Industry.