With India emerging as a preferred investment destination, the country is expected to witness nearly USD 4.2 billion new capital in the realty sector in 2017, says Cushman & Wakefield.
According to a report titled ‘The Great Wall of Money’ by the global consultant, new capital available for global real estate investment in 2017 is estimated at USD 435 billion, out of which India is expected to get nearly USD 4.2 billion.
The report states that the total global wall of money in 2017 has fallen by 2 per cent compared to 2016’s peak of USD 443 billion, but is the second highest figure recorded since 2009.
“India’s attractiveness as a global investment destination has strengthened on account of the country’s political will to attract and protect investment growths.
Read more: Moneycontrol