Foreign Players in Indian Real Estate
The real estate market in India has grown drastically over the years, tempting a large number of foreign investors to invest in the market. The Indian Government's decision on liberalisation of the Foreign Direct Investment (FDI) policy has further aided in creating a market for these investors.
Due to rapid urbanisation and growing standard of living, the demand for luxurious homes and commercial spaces is at the crescendo and several builders and developers are making absolute efforts to meet the needs of the masses. Foreign builders like Experion, Burman GSC and Emaar Properties, among others are creating exquisite homes and commercial spaces to suffice the requirements of the people.
Let’s take a look at some of the prominent projects by foreign developers in India:
Experion Developers The Westerlies, Gurgaon
Gurgaon-based real estate developer Experion, in association with Experion Holdings Pte Ltd., Singapore, is all set to launch The Westerlies, a lavish project on the Dwarka expressway. While the 150 acres plus township will have parks, jogging tracks, water bodies, clubhouse, and power backup, it will also give you the option to opt for gated plots and beautifully designed villas as per your choice. With a single high rise complex in the 150 acre plot, ‘The Heart Song’, the Villas and Plotted communities will have a marked hint of exclusivity. Situated on the Dwarka Expressway, the location offers a promising level of comfort, connectivity and convenience.
Burman GSC Upcoming Project, Gurgaon
Burman and Golden State Capital (GSC), a real estate private equity firm based out of California, USA, have collaborated to build serviced apartments to suit the Indian lifestyle. The project is posed to include retail spaces, landscaped gardens, water elements and global brands. The project will also include fully serviced apartments which would comprise 1 BHK and Studio apartments. It is located in the hub of development near the NH 8.
Emaar MGF The Views, Mohali
The Dubai-based Emaar Group in collaboration with MGF has created a milestone in the field of real estate with a number of exclusive properties all across the country. One such project which is becoming a desired destination for many home seekers is The Views in Mohali, Chandigarh. An embodiment of luxury living, the apartments are a perfect example of a modern home with all the comfort, security and convenience. The property offers 2 BHK, 3 BHK and 4 BHK luxury apartments and is well-equipped with all the necessary recreational options for a contemporary lifestyle.
For more information on foreign developers and projects in India, visit PropTiger.com