The year 2013
was a testing time for the Indian economy with high inflation while the fall in
rupee has stumbled the currency exchange market. However, even though the
economy recorded a sluggish growth, the real estate sector wrote a tale of
fortitude. The first 8 months of 2013, thousands of million dollar investment
was recorded in the budget house in Chennai. The real estate sector was
receiving a boosting funnel of investment from the private equity sector, said
The Financial Express. The growth and demand of residential units in and around
the city was thrived by commercial realty segment. In the year 2013, the major
cities of India like Bangalore, Delhi, Mumbai etc chronicled major transaction
in the commercial segment.
