Why Invest in India?

Some Major Property Investments in India

While top developers in India like the DLF, Ansal, Omaxe, Sobha Developers, Bengal Ambuja, Unitech, Vatika and Sahara Infrastructure among a few have initiated large scale real estate developments in the residential sector catering to all segments of the society. With more corporate houses entering real estate, a corporatisation of real estate can be witnessed.

San Jose, California-based Cisco Systems Inc., the world's largest maker of computer-networking equipment, plans to triple its Indian workforce to 10,000 by 2010, Chief Executive Officer John Chambers said in October.

Automakers including General Motors Corp. and Suzuki Motor Corp. are spending more than $6.6 billion to build new factories in the country. PricewaterhouseCoopers LLP says India's auto output will grow about 17 percent annually until 2011, the fastest among the 20 largest carmaking nations.

Again, Morgan-Stanley Real Estate has announced that its investment of around US$ 68 million in Mantri Developers Private Ltd, a private Bangalore-based real estate developer. DB Real Estate, a unit of Deutsche Bank AG, has set up plans to start a global fund that will invest as much as US$ 300 million in India to tap an expected surge in demand for property.

Emmar Properties, of Dubai one of the largest listed real estate developer in the world has tied up with the Delhi-based MGF Developments to announce India 's largest FDI in the realty sector for mall and other facilities in Gurgaon. On the other hand, in a recent development DLF and UK-based construction major, Laing O'Rourke (LOR), has joined hands for participation in airport modernization and infrastructure projects.

Vancouver-based Royal Indian Raj International Corporation (RIRIC) will invest a whopping US$ 2.9 billion in a single real-estate project named Royal Garden City in Bangalore . Estimated to be of retail value Rs 41,000 crores, this project is to be completed in period of 10 years. Indonesia-based Siputra Selim group is slated to invest $200 million into the housing sector in Kolkata.

Indiabulls Real Estate (IREL) is proposing to enter into arrangements with Dev Property Development, a company incorporated in the Isle of Man , whereby Dev shall subscribe to new shares and also acquire a minority shareholding from the company, in Indiabulls Property (IPPL), Indiabulls Real Estate (IRECPL) and Indiabulls Infrastructure Development (IIDL). Dev has completed an initial public offering of its ordinary shares for a total amount of Rs 12 billion or GBP 138 million and shall be listed on the alternative investment market of the London Stock Exchange.

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