Bansal.

A, Sirohi R and Jha Manish (2011) : in their article explain that the real-estate sector has playing a crucial role in SEZ (Special economic Zone) and forming of township. As also, it helps the town to become cities. They also explain the concept of green building, adopted by the sector, testifying to a significant emphasis on sustainability consideration. They explain the infrastructure development is just before parallel to the real estate developments. Their paper presents a panoramic view of the operations of Indian real estate sector in various property segments, the challenges faced by the sector and its prospects. http://shodhganga.inflibnet.ac.in/bitstream/10603/274/9/09_chapter%203.pdf Singh V and Komal (2009) :
Explained in their article about the investment in India for property or industry use. And also they divide this sector into three division, under 1st one they explained the fundamental factor are affecting the real sector value like demand, supply, property, restriction to use and site characteristics. Under the 2 nd and 3rd one, they explained the causes and constraints to the present real estate boom respectively in India. They also present the suggestion and future prospects of real estate in the country.

http://shodhganga.inflibnet.ac.in/bitstream/10603/274/9/09_chapter%203.pdf http://www.scribd.com/doc/19229318/Fundamental-Analysis

Cheng (1995) implemented factor analysis on both asset returns and macroeconomic variables in order to derive priced security factors and macro economic factors, and then compared these two categories of factors with a canonical correlation analysis in order to reach a statistically significant relation. zcam (1997)zcam (1997) zcam (1997)zcam (1997) can be considered an example of APT testing in Istanbul Stock Exchange. In this research, seven macroeconomic variables of Turkish economy are separated into expected and unexpected series by a regression process, and then two-step testing methodology is implemented on these series.

Altay (2001) Altay (2001) is another example of two different APT tests in Istanbul Stock Exchange. In the first test, factor analysis method is employed in daily returns of 121 to 265 stocks in the19932000 periods for each year and one dominant significant factor is found among several minor significant factors for each year .

Naka, Atsuyuki, Mukherjee, Tarun K. Tufte,Naka, Atsuyuki, Mukherjee, Tarun K. Tufte,David R. (1998)David R. (1998) analyzed relationships among selected macroeconomic variables and the Indian stock market. They found that three long-term equilibrium relationships exist among these variables. Their results suggested that domestic inflations the most severe deterrent to Indian stock market performance, and domestic output growth is its predominant driving force