$10 Billion Foreign Money into Indian Realty

More than 35 big ticket foreign investors have already poured Billions of dollars into Indian realty. Insiders in the Indian Real Estate market estimate upto $10 Billion inflow into various real estate projects in the first 6 months of 2007.

• Signature Group planning to launch several real estate funds for investments in UAE and India, totalling over $650 Million
• 20 More funds are seeking entry into India
• Foreign investors interest is at an all time high with 80% of the investors being first time investors.
• FIIs from Israel, Malaysia, UK, and Singapore are aggressively chasing the space.

Cushamn & Wakefield in its latest research report have said that they expect upto $10 billion deals in the first half of 2007.