I totally agrees with you pinnacle.
The retail boom, 85% of which has so far been concentrated in the metros, is beginning to percolate down to smaller cities and towns. The contribution of these tier-II cities to total organised retailing sales is expected to grow substantially. Last few years have seen the development of scaleable and profitable retail models across categories. According to some reports Indian organised retail is on the verge of a revolution. Large Indian corporate groups
have expressed serious interest in investing in retailing.
In addition, foreign investors and private equity players are also firming up plans to identify investment opportunities in the Indian retail sector. In a major development in realty sector Apollo, the US private equity group, is investing (India's Biggest Real Estate Fund) in Indian Real Estate with SUN Group, a local investment company.
So I think its the starting and there is alot of space left in the Real Estate Development in India. Most of the Real Estate experts are urging people to invest in the property and njoy the Real Estate Pie.
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