Israel Targets Investment in India

December 11, 2007	(Be the first to rate this story!)  Loading ...
Print This Story   Email This Story Subscribe Newsletter

India is emerging as a hot Real Estate Investment destination for Israel’s. Leading real estate and development companies from Israel are targeting investments in India and the Far East even as they continue to invest in the local market, which is generating high yields as prices rise.

Dr. Surinder Pruthi, chairman of leading Real Estate Development and management companies in India said that there is a huge market economy developing and a young population fond of spending that will be seeking housing. It is safe to invest in India and today there are multiple choices of public-private partnerships for investment into office, residential, hospitality and other projects.”

CEO of Property & Building Corp, Segi Eitan said “India is the growth engine for us, but you need to have a local partner to diversify risk. We still see potential in the commercial property market in Israel. There are still deals to be made.” He added that the potential of the residential market is more problematic, particularly in the center of the country.

Natan Hetz, CEO of Alony Hetz Properties said that the supply of properties, particularly the center of the country is getting scarcer and scarcer given the immense rise in demand, prices will continue to rise, which will yield beneficial results.

Pointing to the wealth of opportunities being created by the system Mr. Hetz further added that there is a shortage of 80 million flats in India.

News Published Under:   Real Estate India |

Comments