chennai given the increase in the land prices the confederation of indian industry cii today said there was a need to improve the infrastructure and increase in flow of capital in the housing segmentthe only way where land can be available is improving the infrastructuremore young people have started to purchase houses and keeping that in mind there is a need to provide better infrastructure and connectivity cii national chairman real estate and housing anshuman magazine told reporters herestating that in the us market the land value was not considered and the value of house was given more importance he said in india it is entirely the opposite with land value going increasingly upwards than the houseif government improves infrastructure and provides better connectivity one can have a look into old mahabalipuram road in chennai the ncr greater noida or even in thane near mumbai he saidadmitting that even if there was better infrastructure and connectivity still there would be increase in land prices he said that would happen over a period of time unlike what is happening todayit will happen over a period of time by the time the land prices go up it would have given habitat to millions of people he saidon the commercial space front he said every year there has been considerable increase in demand for the commercial space across the countryin the last three years it has gone up significantly every year we are adding about 4555 million square feet across india he saidmagazine and other senior officials of confederation of indian industry were here to take part in the seminar on south realtyvision 2020former secretary to the ministry of housing and urban poverty alleviation harjit anand said in the housing segment of the country about 90 per cent of them cater to the economically weaker section of the society he said the real estate bill 2011 was on the anvil