As per the investment and
real estate experts there is a boom expected in the real estate market in India
and this is the reason why people are looking for investments in Indian real
estate. Now with the Indian Government itself trying to make the real estate
market a favourite place for the investors there is a good amount of potential
interest seen by the investors. Also the investments in real estate are now considered
to be safe. This is also supported by the fact that there is a liberalization
noticed in the foreign direct policy to attract foreign investors.
As per the industry
experts, the real estate market is considered as a driving factor of Indian economy.
As per the facts, foreign direct investment is expected to increase to US$25
billion in the next 10 years. FDI inflows in real estate in 2011-12 were Rs.2750
crore (USS 493.80 million). In May 2012, FDI inflows in real estate were Rs.419.87
crore as compared to Rs.321.35 crore.
Indian real estate became
as popular sector for private equity funds. There was an investment noticed of
around US$1,700 million in this sector during 2011. Private Equity in real
estate projects will fetch considerable returns by next year-end or early 2013,
according to Vikram Hosangady, Partner, KPMG.
In order to modernise the
infrastructure, there is a need to invest US$ 1.2 trillion over next 20 years
as per the report released by McKinsey Global Institute (MGI)-India’s urban
awakening.
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