Indian Real Estate becomes attractive for Foreign Investors after 5 years

Indian real estate market has become increasingly attractive for foreign investors after almost 5 years, as indicated by India-specific fundraisings.

Talking about the improvement in foreign investors’ confidence in real estate market, Shobit Agarwal, Managing Director of Capital Markets at JLL India, said “During the pre-GFC (global financial crisis) phase, 82% of funds got raised in US dollar. This reduced to 57% in post-GFC phase when micro-market understanding was required more than banking on the macro-economy. Interestingly, the contribution, 2014-onwards, has increased considerably to 70% – hinting that the positivity is here to stay for some time.” Read More at http://shopsandhomes.com/blog/index.php/2016/02/indian-real-estate-becomes-attractive-for-foreign-investors-after-5-years/

10 Indian cities having affordable realty markets

In a recent report by JLL India, Navi Mumbai, Ahmedabad, Pune and Hyderabad have been listed in the 10 affordable property markets of India among other cities like Kochi, Ghaziabad, Jaipur, Nagpur, Surat and Coimbatore. According to the consultancy, these cities offer great low-budget properties between Rs. 30 – 50 lakh. Read More at http://shopsandhomes.com/blog/index.php/2016/01/10-indian-cities-having-affordable-realty-markets/

Delhi and Mumbai are among the top 30 super cities of the world, says report of JLL

Two major Indian cities; Mumbai and Delhi have made their entry into the top 30 list of the world’s most productive, powerful and well connected cities.

Global Top 30 List:

According to research report of JLL India, the international real estate consultancy, Mumbai which is also the financial capital of country has been ranked 22nd whereas; our national capital Delhi has been ranked on the 24th spot in the list of 30 super cities of the world. However; in the list the top five cities were; Tokyo, New York, London and Paris. The Tokyo, New York, London and Paris are the cities which are the destination of more than 50 per cent of all foreign capital investment, says Global Top 30 list of JLL India. According to JLL, “All top 30 cities account for 64 per cent of the total cross-border investment as their common interest are commercial attraction or economic attraction and real estate power and status. Read More at http://shopsandhomes.com/blog/index.php/2016/01/delhi-and-mumbai-are-among-the-top-30-super-cities-of-the-world-says-report-of-jll/