| The real estate market in India is | | | | booming real estate market |
| getting hotter not only from within but | | | | These are not just one-off reports that |
| also from outside. If the local | | | | are making headlines in the India real |
| investors are leveraging the higher | | | | estate. Rather, such investments are |
| trend of real estate rates from within, | | | | becoming a routine in the highly rated |
| it is pressure from the Non Resident | | | | real estate boom in India. The NRI |
| Indians (NRIs) and global market players | | | | investment in India is constantly on the |
| that are determining the future of the | | | | upswing thanks to the liberal investment |
| real estate boom in India. | | | | policies of Indian governments at the |
| Malini Alles, a Silicon Valley | | | | Centre and the States. |
| billionaire and social activist has | | | | The technology boom is largely |
| launched Maia Fund, a real estate $150m | | | | considered as a major contributing |
| fund with a greenshoe option of another | | | | factor in the present boom in the Indian |
| $100m to invest in the Indian property | | | | real estate sector. The tier I cities |
| market. She also proposes to chip in | | | | like Bangalore, Delhi, Mumbai have |
| $10m into the fund. | | | | registered a phenomenal growth in the |
| An entrepreneur from US, Raj Vakharia, | | | | past decade. This boom is slowly |
| announced the launch of a private equity | | | | percolating to the tier II and tier III |
| fund, which will invest $250m worth of | | | | cities like Chandigarh, Gurgaon, Pune, |
| US institutional capital into India's | | | | Hyderabad, Mysore. |