With the government’s decision to accept 100% FDI in the India property ventures, global Property giants are investing billions of dollars in Indian Property developments. These international companies are increasingly showing interest in India property market for many reasons. 8.1% economic growth of India during the fiscal year of 2005-06, a booming Property sector and massive growth of the Indian IT and ITES sector - all these have contributed to the recent flow of the FDI on Indian property market. The Property boom in India which was initially spurred in cities like Bangalore and in the National Capital Region for the conglomeration of the IT industry in these areas has also spread its wings to 2nd tier cities like Hyderabad, Pune, Kolkata, and so on. According to a recent report prepared by Ernst & Young - 'Indian Property: opportunities and returns', the boom of the Indian Property Is to continue further. The report Is the result of the study that was initiated by “Federation of Indian Chambers of Commerce and Industry (FICCI)”, on the eve of its annual Property summit, 2006. With so much positive signs and potential of the property India market, there Is no doubt that overseas Property companies and affluent NRIs will invest in the industry. |
| About Us Contact Us Advertise Here Disclaimer Patner with Us Our Marketing Solutions Website Hosting |
| Site Developed and Maintained By Infiniti Inc in Association with Brain Works, Singapore. |
| Real Estate |
