Without land, how can you have development of roads, highways, townships, etc?
Real estate is one sector that India is not very proud of.
I learned a lot from Jack Welch about how to run a business.
When a person is dispossessed of his land, there is a reaction and you have to deal with the reaction properly. You just can't deal with the reaction by giving him money.
Land is an emotional subject with a farmer in India because it is his only means of income.
As reforms have come into India, as India has started opening up, prosperity is increasing, as is demand for urban housing.