Real Estate Investment in India is one of most successful investment
phenomenon in the last few decades. Real Estate industry in India has
reached a culmination point ever since, the gates were opened to the
foreign investors. This is the reason why many foreign investors are
investing huge amounts of money in this sector.
The real estate developments in the country consist of the following:-
- Constructing houses
- Townships
- Residential complexes
- Office buildings
- Shopping malls
- IT parks
FDI in Real Estate Sector in India
FDI, popularly known as Foreign Direct Investment is encouraged in the country. It helps to boost the national economy. FDI is encouraged
in the following sectors in India:-
- Development of Hotels
- Travel and Tourism Industry
- Hospitality
- Development of Township
- Development of Commercial Real Estate
- Infrastructure development
- Construction of Resorts
- Constructing Educational institutions and recreational sites
- SEZ (or Special Economic Zones)
Real Estate Laws in India
- India Transfer of Property Act
- Indian Registration Act, 1908
- Indian Urban Land (Ceiling & Regulation) Act, 1976
- Stamp Duty
- Property Tax
With a healthy growth rate of 30%, the commercial market in India portrays a truly ascending curve. More than
10% of India GDP and close to 8% of employment, retailing has enabled
India to reach a comfortable position among the other progressive
nations of the world. In fact, the retail industry in India is booming
with a bang and has emerged to be a very promising sector in recent
future.
One of the other advantages of the Real Estate industry in India is
that nowadays, the real estate dealers are looking forward to influence
the SEZs as well. As a matter of fact, since the year 2005, FDI in real
estate sector in India has earned a promising amount of US$ 8 billion
approximately.
Real Estate Investment in India is not only a bright prospect, but
also, from a magnified dimension, it is a potential opportunity to
optimize the benefits of the economic growth in India.
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