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 Kelly Leitner on December 13, 2008 at 12:00 AM

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Latitude: 43.318361 -- Longitude: -88.378808

ZIP Codes for Hartford, Wisconsin	53027
Area Code for Hartford, Wisconsin	262
Time zone for Hartford, Wisconsin	CST

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Hartford is a city in Washington and Dodge counties, in the state of Wisconsin. As of the 2000 census, the city had a population of 10,905. The city is growing at estimated rate of 10.66% annually, resulting in an estimated population of 12,068 in 2004.[1] Current municipal estimates put this figure even higher. The city was the site of an F1 tornado touchdown on June 18, 2006, which caused minor damage to homes in the area, but major damage on the city's south side to Lincoln Elementary School and the Silver Bell Motel, which both suffered roof and structural damage. -- Source: Wikipedia.com

Wisconsin 2000 Census Population Profile Map

	Hartford	Wisconsin	United States
Population	10,905	5,363,675	281,421,906
Median age	33.5	36	35.3
Median age for Male	32.3	35	34
Median age for Female	34.6	37.1	36.5
Households	4,279	2,084,544	105,480,101
Household population	10,755	5,207,717	273,643,273
Average household size	2.51	2.5	2.59
Families	2,881	1,386,815	71,787,347
Average family size	3.06	3.05	3.14
Housing units	4,434	2,321,144	115,904,641
Occupied units	4,279	2,084,544	105,480,101
Vacant units	155	236,600	10,424,540

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India the next big thing in Real Estate

Local Information for Hartford, WI

Latitude: 43.318361 -- Longitude: -88.378808

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