Does overall economic development stimulate the real estate or real estate stimulates the economic development?
In this world such questions r twist our minds:An year ago, nish asked the question,"What is come first egg or hen.?" on Yahoo India Answers.
Out of 27 answers nish thought that Sherlock Holmes' answer "If you go by sequence in your question, egg.", was the best answer.
In his comment nish said "u r correcr .i ask simple Question,but people makes it complicated" and he declared that his question is resolved!
If belive God created the world, then hen comes first.If nish had been from "Indian real estate sector", i am sure, he would have chosen the answer, "If belive God created the world, then hen comes first.", given by Smile- conquers the world.
Because, Indian real estate developers believe that they are here to complete the work of God. He created every thing, land, plants, animals, rivers and hills but homes. Builders are completing God's unfinished job by building homes and doing a great favor to human beings which otherwise would have lived in the caves or on the trees!
Considering the financial background of Indian Prime Minister, builders are not talking to him like they talk to their customers, the needy home buyers. They are talking about GDP, economy and employment to explain him what comes first, egg or hen, housing or economic development! Yes! read how Chairman of Hiranandani Developers and Chairman of Unitech are doing their best to explain the divine truth to ex-governor of RBI, International Monetary Fund (IMF) and the Asian Development Bank (ADB) and ex-finance minister Dr. Manmohan Singh!
By the way, what is your opinion about builders role in the economic growth of the nation?Builders are not happy.
Builders are not given proper credit for their contribution in the GDP growth.
Government do not give them the status of an "industry".
Banks find them risky and do not lend funds freely.
Housing group of IT professionals, off course, working in Hinjewadi, complains about being "exploited" by the builder lobby.
Has it ever come to your mind that builders contribute a lot in creating wealth or do you think that they only live off the wealth created by you all?
Please, share your views in the comments! (Comments Policy)
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