Real estate ranking dropped in Mumbai, Delhi, Bangalore
Recent surveys say that, the investment in Indian market from past few years are not attractive at all. The three top real estate cities, Bangalore, Mumbai Delhi have slipped from there places to 19th, 20th and 21st positions respectively in the list of 22 investment destinations in the Asia Pacific region.
This three cities were placed in 19th, 20th and 21st positions respectively in the list of 22 investment destinations in the Asia Pacific region, in 2012.
According to PwC India executive director Gautam Mehra, international investors were not investing in the real estate economy in past few years, but in recent times there is little or no clarity on policies, foreign investors will continue to adopt a cautious approach.
According to a survey, Bangalore has done a decent job as it has demonstrated fairly good and matured market along with stable prices and reasonable absorbing trends. The report also speaks that south metro’s over-reliance on the sluggish global IT industry has the low growth potential to revive the growth of the economy.
Mumbai the financial capital is plagued with over supply across asset classes, resulting in record levels of vacancy and stagnant yields. Although Delhi NCR have a better position and expects a master development near Delhi, Gurgaon and Noida real estate, indicating a flight of capital from the Western and Southern regions to the North in the medium-term.
Along with the real estate, several micro-markets continue to provide suitable investment opportunities for investors and end-users alike. A regulatory standpoint, the introduction of the alternative investment fund (AIF) seeks a stream line investment and regulate the investment scheme to boost up the realty investors confidence.
7 new townships on Delhi-Jaipur e-way to get go ahead
Amplus Realty Fund to invest Rs 30 cr in Assetz Homes project
Real estate market in Bangalore is still affordable: Research
Bangalore, Delhi NCR, indian economic market, Indian real estate, Mumbai, Real estate bangalore, Real estate in India, Real Estate India, real estate mumbai, real estates, Realty News
