Real estate is second only to information technology in making millionaires. This sector has shown unprecedented growth and prices have spiraled out of control in some places. Strong economic winds have brought with them huge investments into this sector. Money has rolled in from foreign shores too, leading to massive developments in this sector. Huge land masses have transformed into concrete jungles of high rises. The slowdown of the world economy has had ripple effect on this sector too. Since the last one year the growth has slowed down considerably.