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Retail sub-division seems have been given the step-motherly treatment by the real estate entrepreneurs, consultants, builders, and developers. So far, the focus has been more on residential sector. But the retail sector too bids lucrative potentialities to the budding realty entrepreneurs. Owing to the ever increasing population of the departmental stores, the retail management has become an important division of the marketing chain. Organized retailing has come out to be an important field in the country. Presently, there are 1.2 crore retailers in the country, most of which are part of an unorganized sector. In India the overall value of the retail marketing sector is estimated at Rs. 12,000 crores and is expected to augment by Rs 1 lakh crore by 2010 A.D. As per a Mc Kenzie report the retailing sector is the second largest (after agriculture) in India. Globally also, overtaking Finance and Engineering, Retailing has taken shape of the largest industry.50 out of Fortune 500 companies and 25 of Asian Top 200 companies are retailers.

Unlike inaccurate weather forecasts where we can make alternate plans with little or no consequences in the larger scheme of life, wrong economic forecastsing can have serious consequences. Even when making decisions about your financial future involves educated guesses, guessing may be a better alternative than making no forecast at all.