For investment purpose, India is a safe destination. According to a recent survey, 70 percent of foreign investors in India are making profits and another 12 percent are breaking even. This statistics is powerful enough to attract more and more FDI in Indian reality sector. Property in Kerala
, especially properties in Kochin and Trivandrum is having high demand these days as all the major builders are aiming to built up their dream villas and apartments in that busy cities. With the upcoming of Techno park, Infopark, CSEZ, Techno polies etc…the number of people living in that cities have increased to a large number.
The relaxed FDI rules implemented by Govt. of India last year has invited more foreign investors. After the decision of 100% FDI in this sector, real estate in India is seemingly the most lucrative ground at present. The revised policies are very much investor friendly and have allowed foreigners to own property. Now government of India dropped the minimum size for housing estates built with foreign capital to 25 acres (10 hectares) from 100 acres (40 hectares).
Apart from IT, ITES and Business Process Outsourcing (BPO) India has shown its immense expertise in sectors like chemicals, apparels, pharmaceuticals and jewelery. In these sectors India can match the best in the world. These positive attributes of India is definitely going to attract more foreign investors in the reality sector in near future.