Released on: October 15, 2007, 8:51 am

Press Release Author: RocSearch India

Industry: Consumer Services

Press Release Summary: RocSearch, a fast-growing, UK-based, business research and
analytics firm, released a comprehensive analysis of the Indian real estate market,
which could be of special interest to investors.

Press Release Body: India, 15 October, 2007: RocSearch, a fast-growing, UK-based,
business research and analytics firm, released a comprehensive analysis of the
Indian real estate market, which could be of special interest to investors.

The RocSearch report contains a description of the growth drivers and draws a
picture of the macro-environment of the real estate industry in a PEST framework.

The report also lists the major players, both institutional and private, in this
field. It provides a comparison of the Indian real estate market with major cities
in the Asia-Pacific region.

RocSearch analysts estimate that private equity funds will invest about US$5-8
billion in the country's real estate sector between 2006 and 2008. It is also noted
that real estate investment yields in India are in the range of 10-12% as compared
to a 5-7% yield in mature markets of advanced countries.

With an estimated 70% of the new construction in the commercial space needed for the
info tech sector, India's information technology (IT) and business process
outsourcing (BPO) industry expected to grow to US$148 billion by 2012 is likely to
require about 200 million sq. ft of office space by 2008.

The study predicts a sustained demand for housing with increasing disposable
incomes, affordable home loans, urbanization and the emergence of a younger earning
age group. It also provides insight on the widening demand-supply gap for
international quality real estate space in the A-grade cities of India, creating a
spillover demand in smaller cities.

About RocSearch

RocSearch is a fast-growing, UK-India based professional services firm providing
research and analytics support services to Research and Consulting firms, Brand &
Marketing Communication firms, Investment Advisory firms and Corporates. It provides
business, market, financial and emerging markets research and analytics services
with a focus on fact-based problem solving.

RocSearch helps support business development, client engagement, product development
and thought leadership initiatives of clients globally. Its India-based knowledge
centre is equipped with a growing analyst team capable of fulfilling dynamic custom
research requirements and adapting to client-specific processes.

Web Site: http://www.rocsearch.com

Contact Details: Gayatri Ojha
Senior Associate - PR & Corporate Communications
gayatri.ojha@rocsearch.com
Mobile: +91 98730 89705
Direct: +91-120-40171159