India is the seventh largest country by geographical area, the second most populous country and the most popular liberal democracy in the world.India is now the fourth largest economy in the world and the second fastest growing economy.
One of the noticable recent development has been in the field of Real Estate.India real estate market is booming. Some 80,000 indians today have liquid assests greater than 5 crores and this No. is increasing by 13 % a year.According to well known source India’s large cities boasts 400 -500 house listed at 5 crores+.

India’s emergence as a hub for global outsourcing and the consumption-driven growth of india’s economy is contributing to its new found real estate investment image.Upcoming glitzy shopping malls,entertainment centres,luxury hotels and multiplexes.Foreign Investment and the likes of Wal-Mart is already fuelling the demand for commercial property.Foreign companies can set up subsidiaries or joint-ventures to develop property, provided that their money is locked in for three years and that plots are of at least a minimum size.
However, India's property market remains unorganised and underdeveloped. This creates risks for investors. In the absence of clear title to property, the risk of litigation is high. For those foreigners who invest in India via real estate investment trusts, there are no rules on the marking of their stakes to market or on whether they must pay stamp duty on transactions.
The growth was initially fuelled and subsequently sustained mainly by cheap housing loans. Years ago, when India was a closed economy with lots of government control and intervention, the interest rates for house loan used to be as high as 18% per annum. But the gradual liberalization of the Indian economy and opening up of the domestic market, unrestricted flow of FDI and full current account convertibility of Indian currency (Rupee) brought down the PLR (prime lending rate) substantially.
Also there has been an increase in the income level of indian middle class who are now considrably investing in new property in prime metro cities like delhi,mumbai,bangalore.Several mega projects offering international lifestyles are on the anvil in different cities in India.Leading India Property Service Provider Axiom Estates announced that its India-Property consultation divison can provide UK residents with helpful professional services locally in UK.Their website at Buy India Property, Purchase India Property - Axiom Estates brings you Commercial India Property, India Real Estate. serves as the hub listing the new properties that become available with provision to download the brochure and apply online. Buy India Property, Purchase India Property - Axiom Estates brings you Commercial India Property, India Real Estate.

India is indeed a very exciting market.

But IMHO I just want to point out a mistake:

"India is now the fourth largest economy in the world"

Are you sure, I thought the oder was:

US
Japan
Germany
China (Just pipped UK)
UK
France

I do not think that Inida is hte fourth.

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Robert Gavin
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it's the 12th largest

India's economy will surpass Japan's to become the world's third largest economy, behind the United States and China, within 25 years, according to a research report.With half the population under the age of twenty-five, India will have the youngest labor force in the world, and its population is expected to exceed China's by 2030.

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Sell House Fast

Today the scenario has changed amazingly, to the benefit of all those connected with property in India. For the last few years everyone in India has been talking about the property boom in the metros of India. However the sale price of large properties in the heart of Mumbai, has stunned even the most optimist of investors. An amazing $100 million dollars for a relatively small property of 5 acres seemed unrealistic, but as days went by everyone realized that the property boom in India had finally arrived and would stay for a long period of time.There is no real survey that has been done on the kind of return one can expect from investing into property in India. However, figures on the advent of foreign investment, and into the kind of developments ongoing speak for themselves.The outlook for capital invested in real estate in India is very promising. The demand will exceed the supply for many more years, after all there is a population in excess of one billion people. The economy is buoyant, the demand for commercial and residential space will only keep rising. The advent of large overseas commitments in this sector, followed by the rise of corporate developers has seen the development of even the smaller cities such as Pune, Jaipur, Chandigarh etc. Most of these indian property developers are looking at a return of 15 to 25 %.