Professional Documents
Culture Documents
Indian Real Estate Sector
Indian Real Estate Sector
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Contents
Growth in Real Estate Sector Why to Invest In Indian Real Estate Sector Opportunity of Investor in Indian Real Estate Sector Integrated Township Retail Sector and Real Estate Sector Latest trends of FDIs and Guidelines for FDIs Real Estate Mutual Funds Special Economic Zones (SEZs) Key trends in Real Estate boom Major players References Websites
Integrated Townships
Central Government permitted setting up integrated townships at the following places: Gurgaon (Haryana) Hyderabad (Andhra Pradesh) Mohali (Punjab) Jaipur (Rajasthan) Bangalore (Karnataka) Kolkata (West Bengal)
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Undeveloped Plots, here will mean where roads, water supply, street lighting, drainage, sewerage, and other conveniences, as applicable under prescribed regulations, have not been made available. It will be necessary that the investor provides this infrastructure and obtains the completion certificate from the concerned local body/service agency before he would be allowed to dispose of serviced housing plots.
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REMFs (Contd.)
REMFs can invest directly in real estate properties within India, mortgage (housing lease) backed securities, equity shares, bonds, debentures of listed and unlisted companies, which deal in properties and also undertake property development and in other securities.
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SEZs (Contd.)
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Major Players
Real Estate Developers DLF Universal OMAXE Ltd.
Major Players
Citigroup is investing around $400 million of equity from a recently raised fund in India. Hilton Hotels Corporation (HHC) has announced a joint venture company with DLF Ltd to develop and own 75 hotels and serviced apartments over 7 years. Dawnay Day International, the UK-based investment company, plans to invest US$ 1.5 billion in Indian real estate in the next two years.
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References Websites
www.indianground.com www.indianrealestateforum.com www.assocham.org
www.sezindia.nic.in
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