Dale Anne Reiss, Global Director of Ernst & Young’s Real Estate, Hospitality and Construction sector, visited India recently to explore the new landscape for the industry. Her reading of the market, in the form of an interview, is available on the E&Y web site as a video or as a transcript.
Arun Natarajan is the Founder of Venture Intelligence India, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of Venture Intelligence India newsletters and reports.
I expect numbers and significant transaction between foreign investors and Indian developers, primarily in the development and hospitality sectors. I think we can look to see the formation of many more venture funds to hold real estate, similar to the recently announced Tishman Speyer/ICICI venture. And I also think in the future the government will allow REIT-style vehicles, I-REITs or Indian REITs, to open the door to more foreign investment on a long-term basis.
Arun Natarajan is the Founder of Venture Intelligence India, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of Venture Intelligence India newsletters and reports.