Why India?
Industry analysts at Merrill Lynch predict that the Indian realty sector will grow from $12 billion in 2005 to $90 billion in 2015.
India is expected to lead global growth in Gross Domestic Product through 2020:
- Japan <30%
- Europe 30-40%
- USA 45%
- Brazil & Russia 100%
- China 180%
- INDIA 265%
India now allows 100 percent Foreign Direct Investment in Real Estate (“FDI”), thanks to support for all forms of development by the Indian government. India’s $300 billion retail market is growing exponentially, thanks to vast improvements in standard of living among its 1.1 billion person population. India’s retail growth topped the chart at 45 percent compared to that of China, at 27 percent, according to Jones Lang LaSalle Retailer Sentiment Survey-Asia. India is growing. Bhavana and its business partners are poised to be key players in that growth.