Midas Touch Securities

Property in India - Midas Touch Securities

Why India? - Economic Outlook

2008 looks set to be the third consecutive year of 9% GDP growth. This sustained economic growth has provided a host of industries as well as the real estate sector the impetus it required to blossom. Property prices across Indian metropolises such as New Delhi, Mumbai, Bengaluru (Bangalore) have tripled over the last 3 years. Increased public spending on infrastructure has supported this growth and will continue to do so in the coming years.

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