India witnesses decline in foreign investments
New Delhi- Despite the flourishing Indian real estate market, the market has been witnessing a sharp decline in foreign investments in the past two years.
The key reason being the lack of international standards as global investors might be too cautious about it.
The Indian real estate witnessed a decrease of about $2-3 billion when compared to the previous years. Despite the fact that India is an investment destination, it has yet failed to attract the maximum number of foreign investors as most of the investments made in Indian real estate are domestic investments.
Due to the global slowdown, the investors are quite wary and cautious about investing in India. It is presumed that the Indian real estate standards will rise and that foreign countries will have a safe and high standard environment for investment, which apparently will allow for a significant investment flow.
There are various investors who fear of loosing their money as most of the projects are yet to begin or are in litigation issues. It is important that Indian real estate should change its mindset and treat the sector professionally to increase their global standards.
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