The Indian real estate industry is estimated to grow by 33% to $50 billion by 2010 and India is looking to remain an appealing investment option for both domestic and foreign investors.
Global real estate majors such as Dubai World, Trump Organisation of US, Smart City of Dubai, Kishimoto Gordon Dalaya, Khuyool Investments, Bonyan Holding, Plus Properties, ABG Group and Al Fara’s Properties are descending on the Indian real estate market with an investment of around $20-25 billion in the next 12-18 months.
It is estimated that an additional 16.8 million people annually adding to the surging demand for infrastructure, housing, schools, hospitals, retail as well as hospitality and commercial property. According to property consultants, with many property markets around the world already on the cusp of recession, India offers ideal investment opportunities.
Wednesday, November 21, 2007
Subscribe to:
Post Comments (Atom)
1 comment:
I totally agree with your view. In the last few years we have seen a great returns on investment at in the Indian property market. Property market has still great potential. If invested now will give you better returns in the coming time. If a person is new to this type of investment, then he should give himself a proper property education prior to entering this market.
Post a Comment