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KEY TRENDS & DRIVERS

REAL ESTATE • October 2007

Indian Economy: Overview

  • 3)

    Fast Improving socio-economic profile

    • Per Capita GDP is US$ 831 in 2006-07 and is expected to increase further by 25% in 2007-08

    • Favorable demographics with more than 60% of population estimated to be in the working age (15-60 years) till 2050

    • Growing lifestyle spending with increased expenditure on consumer durables, eating out and communications.

  • 4)

    Increased Foreign Investment

    • India’s policy on foreign investment has been gradually relaxed with sectors such as construction, telecom and banking allowed. Another route of foreign participation is portfolio investments.

    • Total FDI investment of about US$ 8 Billion in FY 2006-07

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