Why Global Investors Are Seeing Indian Real Estate With Renewed Interest? Experts Speak

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    Indian real estate is heading for some exciting times. Investors including foreign funds, like sovereign and pension funds, are now looking forward to investing in India post the implementation of disruptive policies.

    According to industry executives and experts, global investors are convinced of a strong certainty on returns on their investments from the real estate in India. Recent investments by the Canadian Pension Fund, Qatar-funds, GIC and Temasek of Singapore have reportedly shown encouraging results, thereby making other global investors sit up and notice the Indian real estate.

    “A lot of investors are now convinced that there is a certainty of investment returns in India and potentially higher returns given the risk of emerging market and certainty have become stronger because of this ability to make an informed decision,” said Sanjay Dutt, Chairman of Federation of Indian Chambers of Commerce and Industry Real Estate Committee, Money Control reported.

    Dutt further pointed out that since the developers now have proper track records to show, investors can understand the regulatory and taxation environments, study demand and hence can make an informed decision. He was leading a FICCI Real Estate delegation in a series of meetings with Singapore-based investors from April 1-3, 2019.

    Now that RERA and GST are absolutely streamlined and dealings are made “very transparent”, several experts believe that banks will start funding developers’ land acquisitions. Chairman and managing director of ATS Infrastructure Ltd., Getamber Anand, reportedly believes that businesses will take off very aggressively soon.

    “We are in the election year and if we get a very stable government which we are expecting, the business will boom for the next 10 year,” the publication quoted Anand as saying.

    The ATS top exec further added that funds should do due diligence on their promoter. More than the feasibility of the project, they must see the bloodline of the promoter.

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