| For those who are interested in properties in india | | | | have shown interest in investing in India. Among |
| to buy, Indian property investment have some | | | | foreign investors who have started consultations |
| reasons to rejoice. After the general economic | | | | for new projects in India include: Columbia |
| slump that has affected the property sector, now | | | | Endowment Fund, California Public Employees' |
| there is a new fillip in the real estate market in | | | | Retirement System (CalPERS), Hines, Tishman |
| India. Along with the micro and macro economic | | | | Speyer, Sam Zell's Equity International, JP Morgan |
| factors, the government policies also have | | | | Partners and Amaranth Advisors. Also Barren |
| contributed to the new growth in the industry. | | | | Buffet's Berkshire Hathway is keen to invest in |
| Among the gamut of government policy | | | | India. With these foreign direct investments, the |
| decisions, the foreign direct investment (FDI) has | | | | property market will be very vibrant and it will be |
| been instrumental in overseas participation in the | | | | a reason for the investors to rejoice. |
| real estate sector in India. As a result, investors | | | | There are some genuine reasons to rejoice for |
| from across the continents have evinced interest | | | | investment at property in India. Apart from this |
| in investing Indian properties. This foreign direct | | | | huge foreign direct investment, both the central |
| investment is expected to increase in the coming | | | | and state governments have formulated several |
| years. | | | | new policies for the congenial growth of the |
| There are some reasons to rejoice for property | | | | property market in India. Governmental decisions |
| Investment in India because the real estate | | | | include: the repealing of Urban Land (Ceiling and |
| sector in India is attracting huge investments and | | | | Regulation) Act, 1976 (ULCRA) by increasingly |
| the market is once again active after the slump. | | | | larger number of states; the minimum area to be |
| Apart form the FDI, national financing sector also | | | | developed for integrated townships has been |
| makes commendable contributions to real estate | | | | brought down to 25 acres from 100 acres; in |
| finance in India now. Banks and other financial | | | | single-brand retail outlets 51% FDI allowed and 100 |
| institutions of the country have advanced various | | | | per cent in cash-and-carry through the automatic |
| borrowing schemes to builders and property | | | | route; after three years original investment can |
| investors. Overseas investors have evinced keen | | | | be repatriated fully. Another reason to rejoice for |
| interest in the Indian property market. US-based | | | | the investors is that international experts have |
| Warburg Pincus, Blackstone Group, Broadstreet | | | | estimated a sustained growth in Indian national |
| and Morgan Stanley Real Estate Fund (MSREF) | | | | income in the coming years. |