Experts estimate that foreign investors can expect to reap over four times more profit in India than in the U.S. or Europe.
"In a recent report, PricewaterhouseCoopers predicted that close to $7 billion to $8 billion of venture capital will flow into Indian real estate over the next 18 to 30 months."
"Interest in India's real-estate sector has increased since the government allowed direct foreign investment in greenfield real-estate projects in February 2005, analysts said. They estimate that returns in India range from 12% to 15%, compared with 3% to 4% in mature markets such as the U.S. and Western Europe."
[Editor's note: This story is accessible online without subscription for a period of seven days after publication.]
FULL STORY: Real-Estate Venture Funds Flock To India, Lured by High Returns

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California Governor Suspends CEQA Reviews for Utilities in Fire Areas
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