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Real Estate Forum on Gdp

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Q: Of the total residential area under construction across 25 cities around 3.2 billion sq-ft. or 34% of total is delayed by over 12 months.
Latest Answer: At the same time, this bill will have a positive impact on the Indian economy as it would provide confidence to foreign investors. As far as responsibility for delay is concerned, it lies both with the developer and the Government authorities. Thus, if we look at the larger picture, the delays in execution also have a negative bearing on India's GDP.
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Q: What is the basic method of calculation of Per Capita Income?

Latest Answer: Hi Kunal & Balwinder, Tax collection of Delhi government registered a growth of 2.64% in 2014-15 as compared to the growth of 10.60% in 2013-14. The state has maintained its consistent revenue surplus which was Rs 6079.53 crore in 2014-15 as compared to Rs 5615.37 crore in 2013-14.
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Latest Answer: The RBI rate cut follows decline in inflation as well as the commitment of the government to stick to the fiscal deficit target of 4.1% of the GDP in the current financial year.
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Q: How is GDP and real estate interconnected ? Since GDP is 4.4 perc now which is low as 10 years before, I would like to ask should I buy the property now or not ?
Latest Answer: Hello, you can follow this link for your requirement June quarter GDP growth dips to 4-year low of 4.4%
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