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Dec 11, 2012
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Mumbai, Bangalore and Delhi languish at bottom of PWC list for top investment destinations
Outlook for Indian property markets has turned cautious and cities like Mumbai, Bangalore and Delhi are likely to witness less appetite for real estate investment by international entities, according to a report b. PricewaterhouseCoopers and Urban Land Institute. The report, titled Emerging Trends in Real Estate Asia Pacific 2013, highlights Jakarta, Shanghai, Singapore, Sydney and Kuala Lumpur as the Top 5 investment destinations for 2013. Mumbai, Bangalore and Delhi have slipped sharply to the 19th, 20th and 21st positions in the list of top 22 investment destinations covered in this report. In the previous report, these cities were placed at 10th, 15th and 12th rank.
Source -
http://economictimes.indiatimes.com
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