India Revisited: Has the Time Come for Property Investors to Consider India, Again?
1 Soon after opening up for foreign direct investments in real estate in 2005, India experienced a large inflow of capital focused on the real estate sector. Now that conditions have changed, is it worthwhile to re-evaluate making an allocation to Indian real estate? For a first-time traveler in India, whether for business or pleasure, the country is always striking. You can read about it, but you are never fully prepared for what you see. It is a fascinating place, possibly more so than any other country in Asia. From the moment you step off the plane, your first impression of the sounds, smells, colors and kaleidoscope of people, cars and animals can be overwhelming. But behind all that, India has been emerging as a vibrant economy growing at a fast pace, and one not nearly as reliant on exports as its neighbor China. India boasts a young population with many people just entering the workforce. This is in strong contrast to China, which will be facing an aging po