― The real estate business has not been recession proof. Its growth has considerably been affected by this economic uncertainty. The global financial meltdown has brought about liquidity crunch for real estate developers and investors. We can say that there has been an overall slowdown in demand across India due to the fall in the stock market. This has compelled builders to reduce the prices of their projects so as to bring back to the normal trend. ∙ But currently the Indian real estate [...].