The past year has witnessed substantial overhauling of the laws governing foreign investment in the real estate sector and these liberalized policies have enabled international real estate investors to have a level playing field with their domestic counter parts, thereby infusing much needed liquidity in to the sector, and satisfying industry expectations of making the Indian real estate sector investor friendly. Needless to say these reforms have come just in the nick of time with industry experts like CBRE predicting more than $ 1 trillion USD of planned expenditures anticipated to enter the global real estate markets in 2016.
We are hopeful that with the passing of the Real Estate Act, much needed transparency will also be introduced in the sector, thereby re-instating buyer confidence, and ensuring profitability of the projects funded by investors.
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