Indian Property Investment - Some Reasons to Rejoice

Indian Property Investment - Some Reasons to Rejoice

For those who are interested in properties in india to buy, Indian property investment have some reasons to rejoice. After the general economic slump that has affected the property sector, now there is a new fillip in the real estate market in India. Along with the micro and macro economic factors, the government policies also have contributed to the new growth in the industry. Among the gamut of government policy decisions, the foreign direct investment (FDI) has been instrumental in overseas participation in the real estate sector in India. As a result, investors from across the continents have evinced interest in investing Indian properties. This foreign direct investment is expected to increase in the coming years.
There are some reasons to rejoice for property Investment in India because the real estate sector in India is attracting huge investments and the market is once again active after the slump.Apart form the FDI, national financing sector also makes commendable contributions to real estate finance in India now.Banks and other financial institutions of the country have advanced various borrowing schemes to builders and property investors.Overseas investors have evinced keen interest in the Indian property market. US-based Warburg Pincus, Blackstone Group, Broadstreet and Morgan Stanley Real Estate Fund (MSREF) have shown interest in investing in India. Among foreign investors who have started consultations for new projects in India include: Columbia Endowment Fund, California Public Employees' Retirement System (CalPERS), Hines, Tishman Speyer, Sam Zell's Equity International, JP Morgan Partners and Amaranth Advisors.Also Barren Buffet's Berkshire Hathway is keen to invest in India. With these foreign direct investments, the property market will be very vibrant and it will be a reason for the investors to rejoice.

There are some genuine reasons to rejoice for investment at property in India .Apart from this huge foreign direct investment, both the central and state governments have formulated several new policies for the congenial growth of the property market in India.Governmental decisions include: the repealing of Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) by increasingly larger number of states; the minimum area to be developed for integrated townships has been brought down to 25 acres from 100 acres; in single-brand retail outlets 51% FDI allowed and 100 per cent in cash-and-carry through the automatic route; after three years original investment can be repatriated fully.Another reason to rejoice for the investors is that international experts have estimated a sustained growth in Indian national income in the coming years.