recession on real estate

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recession on real estate

  1. 2. What Is Recession ? <ul><li>A Recession is a contraction phase of the business cycle. </li></ul><ul><li>National Bureau of Economic Research (NBER) is the official agency in charge of declaring that the economy is in a state of recession. </li></ul>
  2. 3. They define recession as : “ significant decline in economic activity lasting more than a few months, which is normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales ”.
  3. 4. What Causes Recession ?
  4. 5. BOOM IN REAL ESTATE <ul><li>In early 2000 there was boom in real estate. </li></ul><ul><li>There was the result of over consumption. Thus for years prices of homes in US kept rising. </li></ul>
  5. 6. <ul><li>Dollar value Declined </li></ul><ul><li>Stock market crashed </li></ul>
  6. 7. real estate sector
  7. 8. EFFECTS OF RECESSION <ul><li>NRI buyers are not as keen buying property in India. </li></ul><ul><li>DLF has stopped its construction which is situated in SONEPAT work on 16 million sq.ft of plan. Due to lack of demand and liquidity crunch. </li></ul>
  8. 9. Share market!
  9. 11. Current economic scenario - Impact of recession on India <ul><li>Recession has grabbed almost all the organizations of the world. </li></ul><ul><li>Several people have lost jobs - facing the financial problems. </li></ul><ul><li>Government - doing best to come out of the problem. </li></ul>
  10. 12. CONCLUSION <ul><li>THE INDIAN MARKET IS NOT IN RECESSION BUT YES IN SLOWDOWN </li></ul>

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