India ? Value of investment grade under-construction real estate ...

The market value of investment grade real estate in India under construction has increased from USD 69.4 billion at end-2006 to USD 101.3 billion at end-2Q10, which equates to 8.2% of India's nominal GDP for 2009. Residential contributes 66% of this market value, the rest contributed by commercial office and retail combined. The top seven cities of India (by population) contribute nearly 90% of the value of commercial office and retail real estate under construction in India. For more information visit www.joneslanglasalle.co.in
Video Rating: 0 / 5

It's official. China is now No. 2. Its economy (measured in nominal GDP for the second quarter) is now bigger than Japan's (according to numbers released today from the Japanese government). And at the rate it's growing, China could be the world's biggest economy in a little more than a decade (Goldman Sachs says by 2027, PricewaterhouseCoopers says by 2020). Don't be misled by these numbers. The important thing isn't China's ranking, nor the total value of China's production, nor even the extraordinary speed by which China has reached No. 2. What's most important is the share of China's production received and consumed by the Chinese themselves. The problem is it continues to drop. China has dozens of billionaires but the vast majority of the Chinese are still extremely poor. The typical Chinese lives off the equivalent of about 00 a year. That puts him behind workers in 126 other countries. (The typical Japanese earns the equivalent of about 000; the typical American, 400.) Yes, Chinese employers are starting to respond to newfound demands of Chinese workers for higher wages. But Chinese wages are so meager relative to China's productive capacity that it would take a tsunami of labor agitation to push pay up to where it should be. China is now the world's largest market for everything from cars to cellphones, but that's not because these items are within easy reach of the average Chinese. It's because, out of 1.3 billion people, a couple of hundred million can ...

Source: http://letstalkstock.info/nominal-gdp/2011/10/08/india-value-of-investment-grade-under-construction-real-estate

o brother where art thou o brother where art thou oregon state football oregon state football jeff dunham knocked up knocked up