Indian Realty Sector Expected to Grow 45% in 2008 - Seeking Alpha
Indian Realty Sector Expected to Grow 45% in 2008
key points to note from the report are:
- Growth in the Indian realty sector is here to stay for next few years.
- Most of the growth will still happen in big cities. The tier 2
cities are getting increasingly prominent in the press but it will still be
awhile before they compete with tier 1 cities for the FDI investments.
- FDI in the Indian real estate sector will continue to grow because
it provides an attractive investment opportunity for foreign investors
who have hardly anything cheerful/comparable in the real estate sector
in western markets.