| The real estate market in India is getting | | | | real estate market. |
| hotter not only from within but also from | | | | |
| outside. If the local investors are | | | | These are not just one-off reports that are |
| leveraging the higher trend of real estate | | | | making headlines in the Indian real estate |
| rates from within, it is pressure from the | | | | business. Rather, such investments are |
| Non Resident Indians (NRIs) and global market | | | | becoming a routine in the highly rated real |
| players that are determining the future of | | | | estate boom in India. The NRI investment in |
| the real estate boom in India. | | | | India is constantly on the upswing thanks to |
| | | | the liberal investment policies of Indian |
| Malini Alles, a Silicon Valley billionaire | | | | governments at the Centre and the States. |
| and social activist has launched Maia Fund, a | | | | |
| real estate $150m fund with a greenshoe | | | | The technology boom is largely considered as |
| option of another $100m to invest in the | | | | a major contributing factor in the present |
| Indian property market. She also proposes to | | | | boom in the Indian real estate sector. The |
| chip in $10m into the fund. | | | | tier I cities like Bangalore, Delhi, Mumbai |
| | | | have registered a phenomenal growth in the |
| An entrepreneur from US, Raj Vakharia, | | | | past decade. This boom is slowly percolating |
| announced the launch of a private equity | | | | to the tier II and tier III cities like |
| fund, which will invest $250m worth of US | | | | Chandigarh, Gurgaon, Pune, Hyderabad, Mysore. |
| institutional capital into India's booming | | | | |