Driven by positive growth in the economy, real estate in India is booming. The industry has marked a 30% annual growth with an overwhelming progress in residential and commercial properties. The construction sector accounts for nearly 7-8% of India 's GDP and is emerging as one of the key growth segments in the economy. To reward the excellent performances in the industry, the premier Hindi Channel CNBC AWAAZ and CRISIL, India 's leading ratings company have joined forces for Real Estate Awards 2009 - India's Biggest and most credible real estate awards.

The elite awards would also identify and honour the professionals who have envisioned and created marvels in the real estate industry to create a mark of India 's development on the map of the world. It's a gesture to celebrate the magnificent architecture and intricate interiors of Indian industry.