The Indian real estate industry, currently, is at its peak and is expected to grow in future as well. As the Indian real estate sector has been highly appreciated by both foreign as well as Indian investors, the real estate industry is highly in demand in terms of residential, commercial, and industrial properties.
The extensive development of IT sector, ITes, and hotel industry among others has influenced foreign investors to get involved in Indian real estate investment deals. Do you know how the foreign investment in India is driving the real estate industry of India? Well, the blog discloses some of the factors which will let you know the effect of foreign investment in Indian real estate market.
The process of foreign investment in India began in 2005, and the number of investments has been increasing rapidly since then. Today, India allows 100 percent foreign investment with the purpose of achieving extensive growth in the field of real estate development.
Though NRIs, earlier, were not allowed to invest in all the sectors, the government has now permitted NRIs to buy property in every sector, thus enhancing the economic development of the country.
Are you aware of the major factors that lead to a growth in foreign investment? Well, the factors include enhanced demographics, banks offering different types of options for home loan, growth in purchasing power, and preferable changes incorporated by real estate industries and government. All these factors ensures the extensive growth of real estate sector by 2020.
If you see the current situation, you will find a large number of NRIs investing in Indian real estate industry. Mr Anil Mithas, Chairman and Managing Director of Unnati Fortune Group has introduced various residential projects where foreign investors can buy a property with the assurance of great benefits in the years to come.
Moreover, “Make in India” campaign has also invited foreign investors to provide a support in making India a profit-making market. Furthermore, Reserve Bank of India (RBI) has now permitted NRIs to invest completely for both residential as well as commercial purposes in India.
The decision of government regarding launching foreign direct investors (FDI) in multi-brand retail has enhanced the role of private sector in developing a great infrastructure. As far as taxes are concerned, real estate investment provides huge tax benefits.
All in all, the future of Indian real estate investment holds great amount of success, thus ensuring huge benefits for investors as well as real estate developers.
Mr. Anil Mithas, CMD of Unnati Fortune Group says, “The availability of various factors such as preferable economic surroundings, stable government, and less rate of interests ensures effective real estate investment by NRIs in India.
The process of foreign investment in India began in 2005, and the number of investments has been increasing rapidly since then. Today, India allows 100 percent foreign investment with the purpose of achieving extensive growth in the field of real estate development.
Though NRIs, earlier, were not allowed to invest in all the sectors, the government has now permitted NRIs to buy property in every sector, thus enhancing the economic development of the country.
Are you aware of the major factors that lead to a growth in foreign investment? Well, the factors include enhanced demographics, banks offering different types of options for home loan, growth in purchasing power, and preferable changes incorporated by real estate industries and government. All these factors ensures the extensive growth of real estate sector by 2020.
If you see the current situation, you will find a large number of NRIs investing in Indian real estate industry. Mr Anil Mithas, Chairman and Managing Director of Unnati Fortune Group has introduced various residential projects where foreign investors can buy a property with the assurance of great benefits in the years to come.
Moreover, “Make in India” campaign has also invited foreign investors to provide a support in making India a profit-making market. Furthermore, Reserve Bank of India (RBI) has now permitted NRIs to invest completely for both residential as well as commercial purposes in India.
The decision of government regarding launching foreign direct investors (FDI) in multi-brand retail has enhanced the role of private sector in developing a great infrastructure. As far as taxes are concerned, real estate investment provides huge tax benefits.
All in all, the future of Indian real estate investment holds great amount of success, thus ensuring huge benefits for investors as well as real estate developers.
Mr. Anil Mithas, CMD of Unnati Fortune Group says, “The availability of various factors such as preferable economic surroundings, stable government, and less rate of interests ensures effective real estate investment by NRIs in India.