Chennai: The realty sector of Tamil Nadu saw the year on year decline of 75% fall in investments. As in the 2012-13 period investments amounted to only Rs 3,300 crore as compared to Rs 13,600 crore in 2011-12. The data has been confirmed by industry body Associated Chambers of Commerce and Industry of India (Assocham).In the last fiscal year Tamil Nadu had a share of 8% in the total value of investments made across the country in the real estate sector. The state ranked third in real estate investments.Unlike Tamil Nadu, Gujarat, Kerala, Uttarakhand and Rajasthan have seen an immense surge in real estate investments as of March 2013. The four states have witnessed 700%, 550%, 400% and 175% growth in real estate respectively. Most of the other states have seen a drop in real estate investments by over 50% in the same period.Gujarat also has the maximum share (41%) in the new investments in real estate sector across India. it is followed by Maharashtra (17%), Karnataka (10%), Tamil Nadu (8%) and Uttar Pradesh (over 6%).Tamil Nadu accounted for Rs 88,600 crore in outstanding investments in the real estate sector as of March 2013. This amounts to over 6% share in total outstanding investments in real estate across India. The top 5 states which have attracted the highest amount of outstanding investments are Maharashtra, Gujarat, Haryana, Karnataka and Andhra Pradesh.Assocham national secretary general, D.S. Rawat said, “The real estate sector in India has been plagued with serious problems of late like falling sales, rising construction costs, dampened market sentiment overall, sluggish economic growth, high interest rates, high inflation and poor industrial production ( IIP) due to which leading players in the sector had to sell of their land to reduce debt, private equity players have trimmed their exposure in realty sector and general slowdown in various industries has hit commercial real estate.” займ на карту без отказов круглосуточновзять кредит онлайн