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A PROJECT REPORT ON "ISSUES AND TRENDS IN REAL ESTATE IN THE AFTERMATH OF DUBAI CRISIS IN INDIA" BACHEL OR OF COMMERCE FINANC IAL MARKET SEMESTER – VI 2012-2013 SUBMITTED BY JIGAR DEDHIA ROLL NO: 09 UNIVERSI TY OF MUMBAI UNDER THE GUIDANCE OF PROF. ARUN .H. DUBEY S.K.SOMAIYA COLLEGE OF ARTS, SCIENCE AND COMMERCE VIDHYAVI HAR (E), MUMBAI - 400077

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A PROJECT REPORT ON

"ISSUES AND TRENDS IN REAL ESTATE IN THE AFTERMATH OF

DUBAI CRISIS IN INDIA"

BACHELOR OF COMMERCE

FINANCIAL MARKET

SEMESTER – VI

2012-2013

SUBMITTED BY

JIGAR DEDHIA

ROLL NO: 09

UNIVERSITY OF MUMBAI

UNDER THE GUIDANCE OF

PROF. ARUN .H. DUBEY

S.K.SOMAIYA COLLEGE OF ARTS, SCIENCE AND COMMERCE

VIDHYAVIHAR (E), MUMBAI - 400077

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A STUDY ON “ISSUES AND TRENDS IN

REAL ESTATE IN THE AFTERMATH OF

DUBAI CRISIS IN INDIA"

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ACKNOWLEDMENT

The success of any project is never limited to individual undertakingproject; it is a collective effort at people around, that spell success. This

acknowledgement is humble attempt of earnestly thanking all those who

were directly or indirectly involved in this project.

We would like to extend our sincere, heartfelt gratitude to our head of 

department, Prof. Shruti Chavarkar and our internal guide Prof. Arun. H.

Dubey under whose guidance we had the privilege of working and

learning and whose constant inspiration at all faces of the project lead tothe successful completion of our work.

Last but not the least we express our deepest regards to all staff members,

for helping us by giving us their time and providing all required facilities.

  Project by,

Jigar Dedhia

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INDEX

No. PARTICULARS Page

1. Chapter no. 1

Introduction to Real Estate business

1-9

2. Chapter no. 2

Major players in the Real Estate sector & their 

performance

10-26

3. Chapter no. 3Trends in Real Estate business

27-36

4. Chapter no.4

Impact of Dubai crisis on Real estate sector 

37-52

5. Chapter no.5

Conclusion

53-54

6. Annexure 55-56

7. Bibliography 57

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Executive Summary

Real Estate has always been one of the most dynamic and rewardingbusiness. And with the advent of web, the Real Estate business has got a

whole new dimension. A dimension that presents global potential. Global

economic uncertainties have affected India's economy, including the real

estate market. "Macroeconomic indicators are not healthy. Fiscal deficit

and interest rates are high while the rupee is depreciating. All this does not

bode well for any industry, especially real estate". Dubai city state is purely

a business city wholly depending upon tourism and real estate other 

businesses. Dubai World, in a haste to attract world entrepreneurs startedspending more and more on building fine roads, star hotels, etc. Foreign

institutional investors also invested much here, especially during the last

four years. But, for some reason, may be due to economic crisis mainly,

FIIs did not turn to Dubai for investment. As a result, real-estate business in

Dubai suddenly collapsed. This made an impact on other businesses also.

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Objectives

• To give a brief idea about the Real Estate business

• To discuss about the market trends

• To study the impact of Dubai crisis on real estate sector 

• To study the some of big players and analyze them