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Real Estate Investment
Real Estate in India has seen a brisk growth in recent years,
which has attracted a large number of foreign investors in
the form of builders, buyers and finance companies. New policies
of the government have definitely helped in attracting foreign
direct investment in the sector. Current boom has also given
a chance to banks and finance companies to cash on this particular
scenario where people who wish to buy a property can easily
procure home loans and finance depending upon their eligibility.
Cent percent FDI in real estate has beckoned many foreign
players as well; this may also be attributed to the fact that
they see business prospect and growth here in India. With
the recognition of being one of the major IT destinations
in the world, India needed better infrastructure to cope up
with the demand of rising global business and outsourcing.
Foreign investors such as US-Based Edaw Ltd, Kikken Sekkel
of Tokyo, Canada-based Royal Indian Raj International Corporation,
Dubai-based Emaar Group, Lee Kim Tah Holdings and CESMA International
have entered in India. These companies are currently involved
in the construction of houses, bridges, malls, roads and townships.
The growth in the sector has also given opportunities to
NRIs living in different parts of the world to come back to
India and make investment in property, which is far more rewarding
than any other form of investing. Easy availability of home
loans in India has made it easier for people to buy a home.
Investment in real estate has seen such a remarkable growth
that in the last one year, values of commercial spaces have
increased by up to 45% just because of the demand from IT
and ITES sectors in India.
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