India among top three – Global realty markets
Mr. Vikas Rikhye,Realtor,Real Estate Blogger and Real Estate Promoter
Despite the fact that countries like U.A.E (Dubai) Australia, New Zealand & others are making best of their efforts to attract foreign investors to invest in real estate sector but the fact remains that US. China & India are the preferred ones’
According to a survey conducted by Association of Foreign Investors in Real Estate (AFIRE), amongst the global investors, US has retained its top position, while China ranked 2nd followed by India ranking 3rd.
It is understood that in the current survey China moved to second place with 21.4%votes & India was preferred by only 16.7%, whereas in 2006, China got 14.6% votes while India had 18% and was ranked in the second position.
The investors confidence seems stronger in China, apparently because of better appreciation chances offered as compared to opportunities in India.
On the other hand, the US, whose economy continues facing the threat of a recession, still managed to retain the ‘most preferred destination´ tag for real estate investment.
Since now India is growing ahead with overall progress in real estate & infrastructure ,we, therefore look forward to its ranking as No-1
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I am also looking forward to see India ranked as No-1.