Faiz Askari

Faiz Askari's work with SMEStreet and his broader contributions to the media and business sectors make him a key figure in supporting and advancing the interests of small and medium-sized enterprises.

Interviews

Why Indian Real Estate is Loved by FDI Investors

With the slowing down of domestic demand over the past few years, what has kept the Indian real estate market going, have been investments from foreign investors. In 2017 alone, foreign investment in Indian real estate stood at USD 2.6 billion – an impressive 31% YoY growth. As lucrative as real estate investment has always been for Indians, a number of factors kept foreign investors wary. Lack of structure and clarity, complex tax system, weak legal recourses and a tough domestic environment that was difficult to navigate without the help of a local person are some prominent reasons. Most of these problems have been solved in the past couple of years with some much-needed laws, strict execution and a change in the way the real estate sector has organized itself.

By Faiz Askari