Wednesday, June 20, 2007

India is now a real option for investors - Property & Mortgages, Business - Independent.ie

Property investment is a global business. Nicola Quinn explains why Irish buyers are setting their sights on Asia

INDIA is emerging as a major global market with a population of over a billion people, including 25pc of people in the world under the age of 25. In 2005, India displaced the US as the second most favoured destination for foreign direct investment after China.

In terms of purchasing power parity, India is the fourth largest economy in the world. The middle class is set to double in three years and increase four fold in a decade. This has resulted in a boom in the demand for retail outlets, commercial office space and residential townships. .......India is now a real option for investors - Property & Mortgages, Business - Independent.ie


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