International Real Estate Development Summit 2005

The Federation of Indian Chambers of Commerce and Industry (FICCI) in partnership with The Ministry of Urban Development, Government of India organised the second "International Real Estate Development Summit" to highlight investment opportunities in this sector and discuss reforms that can accelerate its growth. Cushman and Wakefield (India) were the knowledge partners for the event. Their contribution included the preparation of a background paper, which included an overview of the Realty Sector in India at this time of tremendous change.

The Indian Government has liberalized the Foreign Direct Investment (FDI) Policy and extended it to areas such as housing, townships, and construction development projects. As a result, a number of foreign investors are exploring investment possibilities in India. The Summit aimed at providing a forum for analysing the developments taking place in India in the wake of the liberalization of the Foreign Direct Investment policy for Real Estate as well as showcasing opportunities available for investment in the Real Estate Sector. It highlighted the perspective of the foreign real estate investors towards India. The summit brought all the stakeholders of the real estate industry on a common platform to discuss developments taking place in India in comparison with the global real estate market.