The Indian real estate sector has been tainted with the distresses of liquidity crunch over the last few years. Subsequently, the general perception about the stride in realty sector has been shadowy over the last few quarters. However, the inside of this domain has to testify a flipside to this version of perception, which itself is changing for all the stakeholders in Indian realty.
This sector has been the proud recipient of charged foreign investments over the recent months. International sovereign wealth funds, private equity investments and venture capital streams are promisingly flowing towards the Indian realty market in the present times.
The Singapore developer group and the sovereign fund, American global investment firm and the Italian lifestyle pioneers have surfaced to collaborate with Indian developers in the residential and commercial realty sector. Today, the Indian real estate sector has gained the due prominence of being a lucrative market with huge potential of tapping the opportunity for sustainable growth in the near future.
Latest to the newscasts of foreign investments in Indian realty has come from the Abu Dhabi Investment Authority which intends to invest $250 million in the Indian realty sector. Strategically establishing an association with Hines India Real Estate (the Indian wing of American asset development and management company), the Abu Dhabi investment fund envisions to tap the Indian residential sector.
Concluding a reconnaissance mission to locate opportunity for growth, the Abu Dhabi Investment fund has decided to foray into the Mumbai realty market and to be followed with compliments to the Delhi NCR realty sector. As reported by The Economic Times, according to the reliable sources, the thrust for their investments is going to further escalate in the coming year.
As mentioned above, the flipside to the perception of a slowdown has been run over by the unceasingly increasing interest of the foreign investors in the Indian real estate market. A reassuring funnel of investments, import of global standards and the elevated brand value for the Indian realty, are few of the many contributions from such foreign investments in India.
Seconding the sources of Abu Dhabi Investment Authority, the spectacle of growth and development in the Indian realty sector is brightening by the day. Inspired by the novel sources of investment and benefiting from the political stability after the upcoming general elections, the Indian real estate sector is expected to scale loftier heights of growth in the coming future.