subject: Invest In Property In India? [print this page] There is no real survey that has been done on the kind of return one can expect from investing into property in India. However, figures on the advent of foreign investment, and into the kind of developments ongoing speak for themselves.
The Indian government has brought in new regulations to permit foreigners to bid on construction projects, without the mandatory local partners, Sam Zell, one of Americas best known real estate entrepreneurs has said Theres probably no better market in the world for low cost housing . The easing of restrictions has seen the inflow of companies from many countries investing in the Indian market.
Until 2002, India had only 3 shopping malls but by 2008 this is expected to rise to over 250. Reliance Industries, Indias largest conglomerate is building over 40,000 retail supermarkets, and as they say it once they enter the market it will be a bloodbath out there.
Outlook
The outlook for capital invested in real estate in India is very promising. The demand will exceed the supply for many more years, after all there is a population in excess of one billion people. The economy is buoyant, the demand for commercial and residential space will only keep rising. The advent of large overseas commitments in this sector, followed by the rise of corporate developers has seen the development of even the smaller cities such as Hyderabad, Vijayawada, Vizag etc. Most of these developers are looking at a return of 15 to 25 %
A study conducted by the United Nations has said that by 2015, ten of the worlds largest cities will be in Asia (excluding Japan) and three of these cities will be in India.
A Knight Frank India Research 'India Property Investment Review Quarter 4 2005'
has stated that Returns from rental income on investment in commercial property in metros is around 10.5%, the highest in the world
As is evident, investment in to the real estate and property market in India can bring high returns, and will be an investment in the future of one the most rapidly growing economies in the developing world.
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