CHENNAI.....Good investment opportunities in all the segment of the city. Commercial rentals is on fast trek. Residential segment also having very good demand from rural areas. Outskirts of the city is now more costly then CBD residential areas.   AHMEDABAD..... ..... Huge NRI funds were recently invested in residential segment of the city. Commercial too is feeling the heat. Residential rates are marginally up by 20% since last quarter. The trend is likely to continue.   BANGALORE...... ...IT and ITES are again in the buying spree. Residential complexes are getting good demand. NRIs investments are up again. Service apartment concept is catching up in the city. Commercial lease rentals are rising.   PUNE.... ... Pune is poised as IT centre by the developers. In fact many leading IT brands are in the city. It has enhanced the residential rates. Outskirts like Viman Nagar, Pimpari and Chinchwad also now having great demand. Good time ahead.   DELHI .... ...The market is slow for residential units. Noida and Gurgaon also have touched historic level. New zones are in the competition. Faridabad and Merut along with Rohtak are busy catering for demand in Delhi and NCR    MUMBAI.. ..... ..Realty Fund and investors of large real estate holdings are still maintaining the price level. Developing zones are feeling heat. Small pocket developers are also panic in the market. Residential prices stagnated as of now.

As earlier predicted anticipated by Pundits and Big wigs of construction sector, the budget 2000-2001 has been a big let down. No proper infrastructure study has gone on it by the Finance Department. Sole beneficiary has been Housing sector / real estate market. Though not wholly. The slab of repayment of loans on housing was increased from Rs. 10,000 to 20,000 under section 88. Removal of two percent interest tax on banks and financial institutions may bring down cost of funds by 0.3% 25 lakh dwelling units in rural and urban areas get a increased fund allocation. Exemption to pre-fabricated construction system, from excise duty.
This may boost the supply in construction but the speed factor has not been considered. There is no duty exemption for import of new equipment.
Though an abundance of funds is  made available to the Housing Sector but no means have been suggested in its utilisation.
Tax exemptions on purchase of second house though is welcome , but feasibility is out if no rental reform are pushed through and translate into more rental stock.
As the representative of the construction sector say that the govt. has just scratched the surface of the problem without delving deep. The understanding and solutions are totally absent.