India has moved five places up (from 44th in 2008 to 39th in 2009) on the list of most preferred markets for retailers due to heightened interest from international companies in emerging markets, according to a study which tracks the presence of top retailers worldwide.

In the backdrop of the Ministry for Housing and Urban Poverty Alleviation, GoI planning to introduce major provisions in the proposed Model Real Estate (Regulation of Development) Act, that would change the price dynamics in the real estate sector in India.