Big corporate giants from across the globe are eyeing the land area in the metro cities and neighbouring cities to set up their commercial spaces. Recently, Chinese real estate firm ‘China Fortune Land Development’ has sent a proposal of building an industrial township worth Rs 17,000 crores near Gurgaon. According to the proposal, the project is expected to create thousands of jobs.
Not just China but Japan has also shown a keen interest in investing in India. They have reserved funds worth $25 billion to invest in Indian railways. Bengaluru has been the area interest for the fortune 500 companies to invest in the commercial space there.
China’s biggest e-commerce company Alibaba is planning to open a commercial office in Bengaluru. With these big companies ready to invest in India, it is expected that there will be more jobs and improved infra in coming years.
Even Hyderabad has come up as a potential investment area. Many undisclosed investors have been proposing to invest in the city.
Some of the Indian developers and realtors are ready to a partnership with the foreign developers to launch projects.
Bangalore and Mumbai have replaced Tokyo and Sydney as the potential investment area according to the reports released by the Urban Land institute. This is a very promising indicator that in coming future the foreign investment will only rise up, help in generating jobs and the potential standard of living.