Indian real estate anticipates recovery from a slow 2012, fueled by retail FDI policy. Increased demand for retail spaces is expected to drive construction and boost commercial real estate.
Old Mutual plans to significantly ramp up investments in Indian real estate, launching four new $1 billion funds by 2015, aiming to become a leading retail developer and asset manager.
India plans to introduce REITs with a tax structure similar to equity mutual funds, aiming to boost real estate investment and offer income opportunities to small investors.