India needs to see greater developer focus on balancing supply and demand to correct a current market slowdown, according to experts. Speaking on the matter, Kumar Gera, chairman of the Confederation of Real Estate Developers' Associations of India (Credai) said "We should focus on a balance between supply and demand. On the one hand, there is latent demand, and on the other, a negative sentiment is being created. "Moreover, a conducive environment should be created by the people who are in power." He also said he expects liquidity problems for Indian developers to ease over the next six months, following a series of measures introduced by the Reserve Bank of India. "We have approached the government. We have even submitted a paper on special residential zones. The government should take a proactive role and must fuel the real estate sector." India's real estate sector is still expected to grow thanks to an ongoing shortage of 21 million homes and an impending migration of workers from rural to urban centres.

                                                     Courtesy: November 7, 2008 Indian realty news