India has a long and storied history of investing in real property, but now it is trying to get back into the investment world, after a decade-long slowdown.
Investment companies are being allowed to raise capital in a new equity class, which would help them compete in the global real estate market, which has become increasingly fragmented due to the slowing pace of growth.
India has set aside $30 billion in capital to fund its real estate sector, which is one of the fastest growing in the world.
But the country’s real estate industry has suffered from a lack of investment capital.
And India’s growth has been slowing in recent years as people have lost confidence in the sector.
The real estate segment is the fastest-growing in the country, accounting for over 70% of the total value of investments in the economy.