Foreign investments find Indian real estate attractive once again – Deepak Yewle

Bengaluru, January 17, 2016: India-specific cumulative fund raising attained its peak in the pre-global financial crisis (GFC) period. Between 2005 and 2008, there were 50 such funds that raised $16 billion in total. Only 29 funds got raised in five years, with cumulative fundraising of $3.9 billion post the global financial crisis. 82% of funds got raised in US dollar during the pre-GFC phase. This reduced to 57% in post-GFC phase when micro-market understanding was required more than banking on the macro-economy. However, just before the 2014 general elections, the cycle started gaining momentum again. At present, not only has the volume of investment increased but there has also been an increase in the average ticket size from $134 million to $184 million. If you consider investment done in US Dollar alone, the average ticket size has gone up from $159 billion in 2009-13 to $388 billion in the ongoing phase that started in 2014.

Opportunities for investors

According to Emerging Trends in Real Estate Asia Pacific 2015 report, Bangalore has shown a remarkable improvement as it has moved up 5 positions over its last year’s ranking from an investment prospects perspective. There is a surge in Bangalore’s rankings owing to its technology industry and the availability of a large pool of skilled labornecessary to ramp up the venture capital backed startups.

Bangalore: The emerging real estate capital of India

Currently, Bangalore is one of the biggest hubs of IT/ITES in the southern region of India. The city has an investment-friendly industrial climate and offers growth potential. The developing city has grown rapidly in the realty sector. It is a hot destination for buying or selling lavish real estate properties. The report also highlights that even the huge amount of upcoming supply of commercial office inventory is not perceived to be a cause of concern, as it is expected to be matched by an equally high absorption rate in the city of Bangalore.

There has been an increase in the number of high-end residential projects mushrooming across parts of the city. The Bangalore realty market has primarily been an end user driven market. Unlike other metro cities, Bangalore has huge sales of ready to move apartment.Innumerable projects by renowned national and international architects and designers are paving the way for high-end living in Bangalore villas. The demand for villas, bungalows, and apartments for sale is increasing amongst NRIs as well as natives of the city. The physical infrastructure and the high absorption rate of villa in Bangalore makes it one of the best Indian cities to live in. In addition to that, the success of new initiatives such as Kempegowda International Airport, Metro, and expressway to the airport have enhanced the city’s attractiveness for investment.

Where should one invest in villa in Bangalore?

Bangalore has developed as one of the major cities with innumerable luxury apartments and villas in areas such asWhitefield ,Sarjapur road,Old madras road,Lavelle Road,KR Puram,Kanakapura road, and Devanahalli. The price range for Bangalore villas vary depending upon the place.

Bangalore is rated highest among the cities for factors like harmony, beauty, peace, and its people representa happy mélange of cultures and economic strata. The bustling city also fulfills the criteria for PEST (Political stability, Economic prosperity, Social Harmony and Technological advancement). Since the city meets the global living standards, it has become an ultimate paradise for foreign investors to get properties.

Corporate Comm India(CCI Newswire)