The real estate sector is booming to continue in 2008. The Indian economy is grow around 9 to 10% and the real estate sector will grow more then 20% per annum. The growth of economy is creating the demand of commercial real estate. The demand of commercial real estate will provide employment and the demand of residential real estate. Around 500 multinationals have started their operations in the India. According to Indian real estate growth story many multinationals are planing to enter in the Indian market. And many have started there operation.
Haryana, Rajasthan, Uttar Pradesh, Maharashtra and Karnataka government have announce to provide the land for the real estate development in their state. Haryana government has augmented the supply of land for the real estate development for Gurgaon-Manesar Master Plan. Around 4 million sq ft of office space has also been committed for delivery in 2008 to the various companies for there infrastructure.
The year 2008 will be good year for the buyers to bye a dream house in India.
