Investors Abroad: Destination Next For Indian Realty
The spell of speculative and twitchy stance in the Indian real estate market seems to be ending now. Finally the time for hyper traction in housing segment has arrived and realty domain is witnessing the much awaited restoration. The builder-buyer sentiment as picked up post general elections and budget 2014-15, which is now at work for sprawl of construction across the country.
As reported by The Financial Express, leading property funds in India a re now the recipients of tranches from overseas. The funders abroad, are now conceding to improved economic outlook in India which has a special stress on the development and expansion of housing facilities and supportive infrastructure.
The current year has recorded reassuring investments from foreign private equity players who have sited immense potential of return on their investments in the commercial and residential domain in India. Buying stakes in underdevelopment commercial/residential properties has been conventionally opined to be the best offering of Indian realty market.
With a new government at center and its focus on developing 100 smart cities and affordable housing, the foreign investors are now safely banking upon the reassured future returns, riding on their investments in the current day. Foreign investors are leaning more towards the residential sector which has been known for its ever sustained demand, a subsequence of tremendous pressure on limited availability of land tracts in urban regions across the country.
Not to overlook, in the past few months, Indian realty as a brand has gained remarkable recognition in the overseas property market. Leading developer groups in India have been in news for their strategic takeovers of prime properties in cities like London and other major metropolitans around the world.
Around this time, the most crucial fillip to realty sector has come from political stability, established after the majority government taking charge of core economic affairs at the center. Considering the positive market sentiment and enhanced brand recognition in the present day, the near future looks promising for a significant growth and development of India realty market across its subsectors.
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