| The Indian economy has witnessed crucial changes in | | | | According to the recent survey conducted by AT |
| the last 15 years. Simultaneously, all industrial sectors | | | | Kearney, India is the second best investment |
| have felt the influences and after-effects of this | | | | destination after China. The magnificent FDI flow into |
| positive atmosphere. Now, India is one of the fastest | | | | the Indian real estate industry has transformed into |
| growing economies in the world, with an 8% GDP | | | | an organized segment with global standards, contrary |
| growth for last three years. IT, retail, infrastructure | | | | to the erstwhile industry that had been marked by |
| and industry; all these sectors have now attained a | | | | fragmentation, disorganization and poor governance |
| high altitude. | | | | and unprofessional approach. |
| Indian Real Estate industry has flourished keeping | | | | The credit for this metamorphosis must go to the |
| pace with feel good economy. In the last fifteen | | | | significant pouring in investment, not only from within |
| years, and more specifically in the last 3 years, this | | | | India but from abroad. The last couple of years have |
| segment has observed a boom phase. The graph is | | | | witnessed the increasing interest of international |
| on the compounding increasing path. | | | | majors in investing in Indian real estate market. This |
| The growth in the Indian real estate sector may be | | | | keen attention has brought into focus the emergence |
| attributed to several factors such as economic | | | | of private fund pool in this sector. Now, the industry |
| reforms and liberalization, increased globalization, | | | | is growing at 20% per annum. This unabated growth |
| increase in business potentials, heightened equity | | | | has falsified the brows of skeptics who were worried |
| market activity, increasing demand, enhanced | | | | that this spurt might be the end of the bubble. The |
| transparency, legitimized funding and favorable skilled | | | | second factor that plays a critical role in the current |
| demographics. Reformative actions taken by the | | | | boom is the development of physical and social |
| Govt. of India like opening of FDI in the Real Estate | | | | infrastructure. Residential, commercial offices, retail |
| sector and Real Estate Venture capital funds have | | | | and hotels have their own place in the prime |
| offered a drive to the boom. Now, this segment has | | | | locations. The easy availability of loans has worked as |
| become one of the highest investment generating | | | | a catalyst. |
| avenues. | | | | |