India real estate investment In the recent years Indian real estate investment has established itself to be the highest yielding opportunity. The realty/real estate industry in India is at it crown and hereby inducing the maximum invest from across the world. NRIs have taken a new route towards India and have entered the real estate with large investments. As the investments have risen in Indian real estate , one can easily the developments functions that are taking place I brisk rate all over the country. This development has resulted in the increasing the number of construction works on residential units, townships, commercial complexes, office buildings and retail stores and shopping malls. A new trend has been set in field of construction, and the constructions of newer IT parks and town ship for the IT workers are taking place in a vigorous fashion.
In order to promote to the further extent many banks and financial institutions such as HDFC Property Fund, Dewan Housing Finance Limited-DHFL Venture Capital Fund, Kotak Mahindra Realty Fund, Kshitij Venture Capital Fund (A group venture of Pantaloon Retail India Ltd) and India Advantage Fund (ICICI) are providing the financial backup to many Indiareal estate developers. There are various causes that led to such an increase in the India real estate investment, some of them are as follows: A great increase in the demand for the residential, commercial and industrial properties. Increase in the growth of well-developed hospitals and Hotels. Increase in the living standard of the people. Development o special economic zones (SEZ). Developments of IT and ITES industries.
Even Indian government has shone a great interest for the development of real estate . Some the actions taken by the India n government to promote Indiareal estate investments are as follow: India n Transfer Of Property Act Indian Registration Act, 1908. Indian Urban Land (Ceiling And Regulation) Act, 1976 Stamp Duty Rent Control Acts Property Tax Foreign Exchange Regulation Act, 1973 Other than the government of india interest in the real estate investment , even the NRIs have also led for the development for the development of real estate. From time to time the investment of NRIs in real estate have raised which has made the builders improve their work and to build the NRI cities in many major cities like Noida, Bangalore, Builders in Mangalore Mumbai, Pune, Kolkata etc.
An India Real Estate Investment Trust (REIT is being formed to promote the real estate and to manage the huge FDIs. The India n realty market is flooded with Initial Public Offer (IPO) by various real estate and infrastructure development groups