India the next big thing in Real Estate

Source: Times of India

India is being considered as ?the next big thing? in real estate with many Israeli companies lining up for major investments there, a media report here said.

The latest addition to the growing list of possible investors in the Indian real estate sector is US tycoon Shaya Boymelgreen who recently bought Azorim Investment in Israel for USD 500 million from IDB Holding Corp Ltd.

He is joining hands with Nochi Dankner, a prominent Israeli businessman who briefed him over the prospects in the Indian market, busines daily ?Globes? reported.

The two entrepreneurs are in contact and considering a number of joint investments in India, the daily said adding that Azorim Investment CEO David Lev is due to visit India in a few days in this regard.

Meanwhile, Big Shopping Centers (2004) Ltd has already set up an Indian subsidiary, Big India, with a local partner who owns 40 per cent of the joint venture, the report said.

Big India bought two half-acre plots on which it plans to build commercial centres at an investment of USD 40 million.

Another company, Elbit Medical Imaging Ltd. chairman Motti Zisser declared early this year that he planned to invest in India.

The company plans to build three commercial centres in India, which will become an important component of the company?s real estate assets.

?India now resembles the real estate market in Eastern Europe ten years ago. Elbit Medical accumulated great experience in Eastern Europe, and it sees India as an excellent business opportunity,? company sources told the business daily.

Alony Hetz Property and Investments Ltd. controlling shareholder Natan Hetz also recently announced plans to invest USD 100 million with partners in Indian ventures.

Gazit-Globe Ltd., controlled by chairman Chaim Katzman, and Ocif Investments and Development Ltd. controlled by Doron Aviv and Dafna Harlev, are also interested in investing in India, it added.

This article is sponsored by: www.indiarealestateblog.com

Posted by Debbie Sample on December 13, 2008 at 12:00 AM

About Debbie Sample
Debbie Sample is affliated with The Pillsbury Group GMAC, which is located in Tyler, TX. For further assistance please use the contact information located on the right.

As of 05/25/12 the Debbie Sample RePage is ranked at 2,741 with 440 points.

Local Information for Tyler, TX

Latitude: 32.334249 -- Longitude: -95.299927

ZIP Codes for Tyler, Texas	75701 75702 75703 75704 75705 75706 75707 75708 75709 75710 75711 75712 75713 75798 75799
Area Code for Tyler, Texas	903
Time zone for Tyler, Texas	CST

Enter our Photo Sweepstakes and Win $200 for your Tyler photos!

Click on Photos to Enlarge. To see all Tyler area photos Click Here.

Submit your photos of Tyler and become eligible to win $200. Click Here for details.

Tyler is the county seat of Smith County in East Texas, United States. The city is named for President John Tyler in recognition of his support for Texas' admission to the United States. As of the 2000 census, the city had a total population of 83,650, though recent estimates put the population at around 100,000. Tyler is referred to as the Rose Capital of America because of its large role in the rose-growing industry; about 20% of commercial rose bushes produced in the U.S. are grown in Tyler and Smith County and more than half of the rose bushes are packaged and shipped from the area. It boasts the nation's largest municipal rose garden and hosts the Texas Rose Festival each October. In 1985, the international Adopt-a-Highway movement originated in Tyler when, after appeals by local Texas Department of Transportation officials, the local Civitan chapter adopted a 2-mile (3-km) stretch of U.S. Highway 69. Tyler is also home to the Caldwell Zoo. -- Source: Wikipedia.com

Texas 2000 Census Population Profile Map

	Tyler	Texas	United States
Population	83,650	20,851,820	281,421,906
Median age	34.1	32.3	35.3
Median age for Male	31.6	31.3	34
Median age for Female	36.2	33.4	36.5
Households	32,525	7,393,354	105,480,101
Household population	80,597	20,290,711	273,643,273
Average household size	2.48	2.74	2.59
Families	21,064	5,247,794	71,787,347
Average family size	3.12	3.28	3.14
Housing units	35,337	8,157,575	115,904,641
Occupied units	32,525	7,393,354	105,480,101
Vacant units	2,812	764,221	10,424,540

Visit US Census

India the next big thing in Real Estate

Local Information for Tyler, TX

Latitude: 32.334249 -- Longitude: -95.299927

Enter our Photo Sweepstakes and Win $200 for your Tyler photos!

The Leader Spanish Real Estate

ATF Forex Trading

Lingerie & Perfumes

Wedding Singer

QROPS