The current economic slow down has deeply impacted the real estate sector and the measures that are made to get the industry back are not showing positive signs. The cement industry continues its growth steadily with an addition of another 50 million tonnes to be added. The industry demand for cement has not been coming down and its expected to rise. The expectation by the cement companies would be in the way that if the GDP growth is at 7% the Industry would see an expected growth of about 9-10%. The current status say that the real estate sector is having only about 5% of the total cement demand, but the main source that makes the consumption higher is from the rural and semi urban areas where the construction activity has been boosted up. The Govt move to bring back life to the sector is not working as per plans.
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