The time has come to deflate the Real Estate bubble and discourage fetish for Gold consumption and channelize savings into productive capital formation by investment in infrastructure for the nation. There cannot be a better day to address this issue than Union Budget 2015.
States are increasing their dependence on revenues from real estate. The current stagnation is bad news. The only way to revive sentiment is to adopt policies that deflate the bubble
Indian retail equity investors area dwindling tribe. To bring them back to equity, the first step ought to be a compulsory dividend payout ratio for profitable companies