Commercial Real Estate In India
With the wealth of real estate available locally, you might wonder about the reasoning behind buying and selling land and homes on foreign shores. However, there are several locations, globally, that are ripe for real estate investing.
India is one such ideal real estate location:
firm, India ranks number one out of 30 countries having medium-sized
business beating China and Europe. Surprised? Think about free market,
liberalization and open FDI policies which have attracted some of the
major brands, investors and realtors from abroad.
• India has
more experience when it comes to lending and raising capital compared
to China. Take a look at the rising boom of Bombay Stock Exchange and
existence of major banks like ICICI and HDFC. These pointers have been
a major encouragement to global players like Morgan Stanley which has
invested $68 million in real estate India.
Of course, when investing any money oversees, there are hurdles that you must overcome. Because of tax purposes, you’ll want to talk to your accountant and be sure of your tax liabilities. And, there, at some point, may be the need to actually visit a property (as it is usually unwise to trust pictures when investing from long-distances). Of course, with frequent flyer miles and today’s short trips, it’s much less difficult to traverse the globe.
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