Many aspects of China and India have often been compared, such as the size of their populations and the pace of growth of their economies. Recently, many of the comparisons have dealt with their real estate markets. Is India's current real estate market similar to the one in China decades ago that helped the Chinese economy become the second largest in the world? The answer remains to be seen, but an increasing number of Chinese developers and investors are betting on the affirmative.

“I think property developers take a much longer term look – and one quarter GDP is not going to stop them from making their long term investments,” KMC Savills Inc. managing director Michael McCullough said in a phone interview.

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