Emerging countries considered for real estate acquisitions in 2010 compared to 2009 (last year’s survey). India is ranked 2nd behind Brazil in a survey conducted by Association of Foreign Investors in Real Estate (AFIRE).
This shows even though India has laws governing the Acquisition and Transfer of immovable property in India by Non-Resident Indians (NRIs), a foreign national of Indian Origin (PIO) or a foreign national of non-Indian origin. The general feeling is that investing in Indian Real Estate is very positive, and within the State invested project areas especially good.
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