The Indian real estate sector is optimistic about the recent budget but calls for further action to meet industry demands, with key benefits noted for housing and infrastructure.
Indiabulls Real Estate will acquire Dev Property in a £138 million share-swap deal, expanding its presence in the booming Indian real estate market.
Indian real estate values are anticipated to surge from $12 billion to $90 billion by 2015, driven by urban demand and a booming economy.