29.06.2010 - India: Real estate sector picking up: Industry body
From Ndtv.com: The real estate sector is picking up after the slump witnessed during the global economic meltdown. "In Chennai alone, in the whole of last year the total occupancy level was 2.6 million square feet. But in the last six months, we had crossed 2 million square feet of occupancy, which shows a rapid growth," National Association of Realtors Committee's media head Ramesh Nair said. Demand has been growing at a decent rate and the property consultancy industry has tremendously evolved in the last 15 years, said Nair, who is also the managing director of the city-based real estate developer Jones Lang La Salle..............................................Full Article: Source
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