Does that signify that, joint ventures best investment option in Indian real estate development?
Ans.: Currently, as big foreign investors are foraying into India; their main interests have been in joint ventures. The first couple of transactions or strategies have gone this way and large joint ventures have been struck. Trends show that in the initial years of FDI inflow into real estate in India will come through joint ventures. This will not only help the foreign investors test the Indian markets, but will assure more confidence for business in India. The current efforts augur well for the coming years of the Indian real estate industry with respect to investment and developments. However, the role of improved infrastructure and fast reform process, better tax rules, computerization of land records and more transparency in the sector cannot be underplayed.
