Almost every big Indian conglomerate is entering retail, infrastructure, and real estate. Also lots of multinational are entered and some looking to inter in Indian market.
Before entering a market, it is necessary to understand the culture of that country, real estate costs, kind of partners available, distribution costs and everyone knows India is a complicated country. with over 1 billion people, a worker shortage shouldn't be high on the list of concerns for corporate executives. But India, with the world's second-largest population, has a labour shortage in many industries.
Major real estate destinations of the country under Tier I, Tier II and Tier III categories.
Tier I Cities: Bangalore, Mumbai and NCR.
Tier II Cities: Hyderabad, Chennai, Pune and Kolkata.
Tier III Cities: Chandigarh, Ludhiana, Lucknow, Guwahati, Bhubaneswar, Jaipur, Ahmedabad, Surat, Nagpur, Indore, Goa, Visakhapatinam, Mysore, Coimbatore, Kochi, Vijaywada, Mangalore, Trivandrum and Baroda.
NRIs are also investing heavily in real estate and equity Markets through mutual funds, besides deposits that are also gaining. popularity due to higher domestic rates.
If you are a investor and looking for Indian market, best choice is tier III Cities.
