Sunday 8 November 2015

China eyes Indian real estate market

Chinese developers are eyeing the Indian market and are of the opinion that the next ten years of growth cycle in the Indian real estate market will be like that of what China had experienced in the past decade. This was said by a spokesman of the heading team of Singapore of JLL. He also added that a considerable number of Chinese developers and builders have been studying the trends of the growth patterns of the Indian real estate market investments since the last twelve months or so. Another spokesman of the company who heads a continent said that now the Indian markets are fetching more returns than the most mature and fast growing markets of the world over.
 In lieu of the intentions of the International Property consultant JLL, they are holding high level exploratory talks with the Indian developers also to explore the investment opportunities for their Chinese clients. The Chinese developers are looking forward to make strategic partnership with the Indian developers to invest in large scale residential projects too.

The statistics reveal that the Chinese outbound investment in the global real estate market has risen by about 50 percent to a figure of $15.6 billion since the month of January 2015. The investment destinations include places like London, Sydney and New York which are among the leading investment hubs among others.

Alongside the investment spree of the Chinese developers in the world market, India has also become an investment hotspot and one of the leading groups of builders has announced the intention of investing $10 billion in the Indian markets in the ensuing ten years. They intend to construct industrial townships and retail and commercial properties too.


The Chinese market watchers opine that while there is a call of better prospects of the Indian markets the slowdown in the Chinese real estate markets is also a reason for the Chinese developers and builders to look for greener pastures overseas including Indian subcontinent. The top officials of the international property consultant JLL remarked that a minimum investment of $ 3 - 4 billion from China can be expected to the Indian property market in the next three to four years.

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