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India Real Estate

We offer India real estate investment information for New Delhi, Calcutta, Vishakhapatnam, Madras, Pondicherry, Tuticorin, Cochin Calicut, Marmagao and Bombay. Scroll down for more information about India.

Real Estate For Sale In India

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About India

India Population: 1,065,070,607 (July 2004 est.)
Languages: English enjoys associate status but is the most important language for national, political, and commercial communication; Hindi is the national language and primary tongue of 30% of the people.
Capital: New Delhi
Government Type: Federal Republic
Independence Day: 15 August 1947 (from UK)
Legal System: Based on English common law; limited judicial review of legislative acts; accepts compulsory ICJ jurisdiction, with reservations.
Currency: Indian rupee (INR)

Executive Branch:

Chief of State: President Abdul KALAM (since 26 July 2002); Vice President Bhairon Singh SHEKHAWAT (since 19 August 2002).

Head of Government: Prime Minister Manmohan SINGH (since NA May 2004) cabinet: Council of Ministers appointed by the president on the recommendation of the prime minister.

American Embassy: Shantipath, Chanakyapuri, New Delhi 110021
Mailing Address: use embassy street address
Telephone: [91] (11) 2419-8000 FAX: [91] (11) 2419-001

General Overview: The Indus Valley civilization, one of the oldest in the world, dates back at least 5,000 years. Aryan tribes from the northwest invaded about 1500 B.C.; their merger with the earlier inhabitants created the classical Indian culture. Arab incursions starting in the 8th century and Turkish in the 12th were followed by European traders, beginning in the late 15th century. By the 19th century, Britain had assumed political control of virtually all Indian lands. Nonviolent resistance to British colonialism under Mohandas GANDHI and Jawaharlal NEHRU led to independence in 1947. The subcontinent was divided into the secular state of India and the smaller Muslim state of Pakistan. A third war between the two countries in 1971 resulted in East Pakistan becoming the separate nation of Bangladesh. Fundamental concerns in India include the ongoing dispute with Pakistan over Kashmir, massive overpopulation, environmental degradation, extensive poverty, and ethnic and religious strife, all this despite impressive gains in economic investment and output.

Economic Overview: India's economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries, and a multitude of support services. Government controls have been reduced on foreign trade and investment, and privatization of domestic output has proceeded slowly. The economy has posted an excellent average growth rate of 6% since 1990, reducing poverty by about 10 percentage points. India is capitalizing on its large numbers of well-educated people skilled in the English language to become a major exporter of software services and software workers. Despite strong growth, the World Bank and others worry about the continuing public-sector budget deficit, running at approximately 60% of GDP.

International Disputes: Kashmir remains the world's most highly militarized territorial dispute with portions under the de facto administration of China (Aksai Chin), India (Jammu and Kashmir), and Pakistan (Azad Kashmir and Northern Areas), but recent discussions and confidence-building measures among parties are beginning to defuse tensions; India does not recognize Pakistan's ceding lands to China in the 1965 boundary agreement; disputes with Pakistan over Indus River water sharing and the terminus of the Sir Creek Estuary at the mouth of the Rann of Kutch, which prevents maritime boundary delimitation; Pakistani maps continue to show Junagadh claim in Indian Gujarat State; most of the rugged, militarized boundary with China is in dispute, but sides have committed to begin resolution with discussions on the least disputed Middle Sector; Joint Border Committee with Nepal continues to work on resolution of minor disputed boundary sections; discussions with Bangladesh remain stalled to delimit a small section of river boundary, to exchange 162 miniscule enclaves in both countries, to allocate divided villages, and to stop illegal cross-border trade, migration, and violence; Bangladesh protests India's attempts to fence off high-traffic sections of the porous boundary; dispute with Bangladesh over volcanic New Moore/South Talpatty/Purbasha Island in the Bay of Bengal deters maritime boundary delimitation; India seeks cooperation from Bhutan and Burma to keep out Indian Nagaland insurgents; joint border commission continues to work on small disputed sections of boundary with Nepal; India has instituted a stricter border regime to restrict transit of Maoist insurgents and illegal cross-border activities from Nepal.

India Map

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