India likely to witness a surge in FDI in real estate

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FDI

According to a recent revelation, India is more likely to witness an increase in the amount of Foreign Direct Investments (FDIs) in the real estate sector post the allowance of 100 percent FDI in the sector. The introduction of Real Estate Investment Trusts (REITs) for commercial properties is also a good news for the investors, majorly from Dubai, who invest in bulk into Indian real estate market. Reportedly, majority of the investments in the sector are from the inhabitants of UAE, USA, UK, and Canada.

Out of all, Bangalore, Mumbai, Hyderabad, Pune, Chennai, and Delhi NCR are the top most cities of India to grab a major share of FDI investments. According to real estate experts, investment in the luxury properties not only offers the Non-Resident Indians (NRIs) an international lifestyle but are also a means of generating sizeable rental income.

Despite the interest in luxury housing, the NRIs have also shifted their focus to the affordable and mid-segment residential units. This is because of the huge incentives offered by the Government and also because of the high rental yield generated from such properties.


Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.


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