The Indian real estate sector, over the course of several years, has seen many ups and downs with respect to the investor sentiments. And the government keeps coming up with regulatory reforms to encourage investors to park their money in the realty sector. Recently, with the easing of Foreign Direct Investment (FDI) rules and several other changes, Indian property market is seen as a promising destination by global investors. Investment firms keep a continuous track records of the performance of different property markets and have derived much confidence from the Indian Realty sector, lately.
As reported by the Economic Times, the CEO of international commercial real estate service provider Cushman and Wakefield opined that the sentiments in the Indian realty sector have been improved over time. Modi government has imparted a sense of optimism in the property market which is why India is on the radar of foreign investors. Developers are also trying to match their products with the global standards in order to offer something the investors can’t refuse. [Read more…]