The real estate sector is one of the important and fast growing sectors. The sector has been evolving over the years and there is a paradigm shift in the investment front. The Government initiated the LPG reforms in the year 1991. The economy has shown progression there after till the recession of 2008. The present study takes an analytical study of the Pre-recession period in the real estate front. The impact of the Pre-recession scenario on the demand, supply and pricing is studied herewith.