Best Real Estate Investments in India
The real estate market occupies an important position in Indian development sector. It has been estimated that there is a shortage of 26.53 million houses during the Eleventh Five Year Plan (2007-12) serving with high employment opportunity.
According to Department of Industrial Policy and Promotion (DIPP), the real estate sector which includes residential and commercial spaces like cineplex, multiplex, integrated townships and commercial complexes attract a cumulative FDI worth US$ 8.4 billion from April 2000 to March 2010. Out of the total US$ 8.4 billion FDI, the real estate and the housing sector witnesses FDI amounting to US$ 2.8 billion in the fiscal year 2009-10. Let us take a look at some of the best real estate developments taking place at different parts of India.
List of Best Real Estate Investments India
<p style="margin-bottom: 0cm;">Much of the credit for the growth and development of best real estate goes to the initiatives taken by the government of India. The government has successfully introduced many progressive measures in order to unlock the potential of the sector and meet the increasing demand levels.
According to Department of Industrial Policy and Promotion (DIPP), the real estate sector which includes residential and commercial spaces like cineplex, multiplex, integrated townships and commercial complexes attract a cumulative FDI worth US$ 8.4 billion from April 2000 to March 2010. Out of the total US$ 8.4 billion FDI, the real estate and the housing sector witnesses FDI amounting to US$ 2.8 billion in the fiscal year 2009-10. Let us take a look at some of the best real estate developments taking place at different parts of India.
List of Best Real Estate Investments India
<p style="margin-bottom: 0cm;">One of the top realty majors Ansal Properties & Infrastructure Ltd plans to invest about US$ 330.8 million within in the next three years. The money would be used for expansion of its existing integrated townships and to develop group housing projects in Haryana.
<p style="margin-bottom: 0cm;">The renowned Tata Housing is planning to develop 10 new residential projects in 2010 and 2011. The investment amounts to about US$ 268.9 million and is targeted to both the affordable and the luxury segments.
<p style="margin-bottom: 0cm;">A popular real estate company Supertech would be investing US$ 880.5 million for developing 15 realty projects across North India in the next three years.
<p style="margin-bottom: 0cm;">Shristi Infrastructure Development Corporation is planning to engage US$ 444.7 million in seven small cities in West Bengal, Tripura and Rajasthan over the next three years. The money would be used for building integrated townships, healthcare facilities, hospitality and sports facilities, retail malls, logistics hubs and commercial and residential complexes.
<p style="margin-bottom: 0cm;">Vision India Real Estate Pvt Ltd, an integrated property development and asset management company plans to develop logistics parks in Bengaluru and Chennai, by investing US$ 110 million.
<p style="margin-bottom: 0cm;">Much of the credit for the growth and development of best real estate goes to the initiatives taken by the government of India. The government has successfully introduced many progressive measures in order to unlock the potential of the sector and meet the increasing demand levels.
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