Fresh burst of foreign capital
It is estimated that about 70% of India’s built environment assets are yet to be developed, which would require significant financial, technical and development contribution from countries around the globe
Qatar Investment Authority, Canada Pension Plan Investment Board, Abu Dhabi Investment Authority, Standard Chartered Bank, Proprium Capital Partner, Hayat Invest and Clearwater Capital have committed significant investments in the Indian real estate sector, especially in commercial properties. The investors are mostly looking out for high quality commercial properties which are either complete or nearing completion as these assets can ensure immediate returns.
To enable the Indian real estate sector meet the massive capital requirements and capitalise on the opportunities for large-scale real estate developments, the government has recently announced several reforms aimed at stimulating real estate demand and easing liquidity issues prevailing in the sector.
Stimulating housing demand