Real Estate Blooms Further with Foreign Investment in India
Jul 13, 2018 Real Estate News
Many people wonder what the financial status of our country is. External Affairs Minister, Mrs. Sushma Swaraj recently said that Indian financial economy had reached new heights with the investment of around Rs 14 lac crores in last four years. The number is 43 percent higher than what it was between 2010 and 2014. The minister credited the recent developments to the new schemes that were ‘people-centric’ and were rolled out in the past four years.
According to one of the consultancy firm, India is 19th among the world’s top countries preferred for investment. The capital flow this year has already 31 percent more than 2017. This speaks louder regarding the development that has been brought forward with the changes in reforms and introduction of new rules.
The startup number and investment was 96 percent higher in 2017 than in 2016. Recent policy changes, demonetisation, a crackdown on benami property, as well as introduction of GST. Given the geography and the immense talent in this country, investors never shy back from investing millions in India.
Affordable housing schemes have brought the attention of global developers like GIC Singapore and CPPIB.
JICA has agreed to invest Rs 6000 crore for the second trench of the metro in Mumbai, UK government has decided to invest $700 million in the Indian infrastructure. CPPIB, Canada’s largest pension fund, was the critical investor for L&T’s Rs 3,200 crore fund for the development of roads. Adding to the list of investors, companies like Eldewisse Infrastructure Yield plus Fund, NHAI, IDFC Alternatives, ReNew power, I Squared capitals, have shown immense interest to invest in India.
Real estate has been blessed with the foreign investment, not only because of the projects that will boost the sector but also the return that will help revive the sector in India.
According to one of the consultancy firm, India is 19th among the world’s top countries preferred for investment. The capital flow this year has already 31 percent more than 2017. This speaks louder regarding the development that has been brought forward with the changes in reforms and introduction of new rules.
Investment to generate more employment
Foreign investors see India as a potential market for growth which ultimately leads to an increase in employment ratio. Private equity funds have been pouring from countries like Europe, Japan, West Asia and the favourable work environment and relief in tax policies is another factor that has promoted growth.The startup number and investment was 96 percent higher in 2017 than in 2016. Recent policy changes, demonetisation, a crackdown on benami property, as well as introduction of GST. Given the geography and the immense talent in this country, investors never shy back from investing millions in India.
Affordable housing schemes have brought the attention of global developers like GIC Singapore and CPPIB.
Infrastructure to promote growth
Growth in infrastructure is expected to increase the employment ration in the country. As the critical point is the real estate growth, it is getting more and more traction from the foreign investors. PPP models are expected to become essential to meet the highly aggressive and competitive market. Sizeable global pension funds, patient capital investors with substantial corpus funds are ready to allocate funds to find the infrastructure projects in the country.JICA has agreed to invest Rs 6000 crore for the second trench of the metro in Mumbai, UK government has decided to invest $700 million in the Indian infrastructure. CPPIB, Canada’s largest pension fund, was the critical investor for L&T’s Rs 3,200 crore fund for the development of roads. Adding to the list of investors, companies like Eldewisse Infrastructure Yield plus Fund, NHAI, IDFC Alternatives, ReNew power, I Squared capitals, have shown immense interest to invest in India.
Real estate has been blessed with the foreign investment, not only because of the projects that will boost the sector but also the return that will help revive the sector in India.
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