According to Mr. Carlo Barel di Sant' Albano, Chairman of the board of global property advisory company Cushman & Wakefield (C&W), the current global scenario might be one of gloom, with markets in the US and in Europe on the brink of a double dip recession, but interest in Indian real estate is still high among global investors.
Mr. Carlo Barel di Sant' Albano also said, "If a private equity player with a good track record comes up with a project in India, he will still find capital.. Of course, the time taken to raise money has increased, as many international investors are averse to investing at the moment. But it is clear from all the investors we speak to that they are trying to figure out how to put money in this part of the world, even today".
Over the next few years, investor confidence in India is expected to improve, as transparency and regulation improve. This will push more capital into real estate.
Mr. Albano points out,'' In India, FDI (Foreign Direct Investment) in real estate already ranks 4th among other sectors, which is a fairly high position considering the regulations that exist for FDI in real estate. When one talks about investments, a comparison between India and China is inevitable."
Mr. Carlo Barel di Sant' Albano also said, "If a private equity player with a good track record comes up with a project in India, he will still find capital.. Of course, the time taken to raise money has increased, as many international investors are averse to investing at the moment. But it is clear from all the investors we speak to that they are trying to figure out how to put money in this part of the world, even today".
Over the next few years, investor confidence in India is expected to improve, as transparency and regulation improve. This will push more capital into real estate.
Mr. Albano points out,'' In India, FDI (Foreign Direct Investment) in real estate already ranks 4th among other sectors, which is a fairly high position considering the regulations that exist for FDI in real estate. When one talks about investments, a comparison between India and China is inevitable."
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