Bihar’s Economic Growth Creating Problems for Rest of India



Bihar real estate

The state of Bihar in India has recently been enjoying substantial economic growth after years spent lagging behind other states due to increased government expenditure and private investment, and this has allowed the economy to grow by a massive 14% in 2010 and 2011. This is one of the fastest rates in the whole country, [...]

Builders in India Have Less to Celebrate This Year



Indian property markets are not looking good © Anna Polishchuk - Fotolia.com

Diwali is imminent, and is generally a time for celebration for builders, as according to a report in the Economic Times, it usually comes at one of the busiest times in the building trade. However, this year things aren’t looking quite so rosy as the industry has been hard-hit by double-digit interest rates, lack of consumer [...]