Thursday, September 07, 2006

An Idea for Rural India

The Government of India should work on creating a rural real estate boom. This can be done by creating a nodal agency (call it Dharthi)that will have the powers to a) Launch an ad campaign explaining how real estate in villages is far cheaper than metros. b) Create a web site for rural real estate deals to attract investment from NRIs. c) Cut the red tape to ensure rural real estate deals go through as quickly as possible. d) Educate the villager on the pros and cons of selling his land. e) Help the villager with investment ideas on what to do with the real estate money.

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