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 Joe Prunty on December 13, 2008 at 12:00 AM

About Joe Prunty
Joe Prunty is affliated with Number One Properties, which is located in Cheyenne, WY. For further assistance please use the contact information located on the right.

As of 05/25/12 the Joe Prunty RePage is ranked at 5,370 with 385 points.

Local Information for Cheyenne, WY

Latitude: 41.145548 -- Longitude: -104.802042

ZIP Codes for Cheyenne, Wyoming	82001 82002 82003 82005 82006 82007 82008 82009 82010
Area Code for Cheyenne, Wyoming	307
Time zone for Cheyenne, Wyoming	MST

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

To see random photos for other cities Click Here.

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

Cheyenne Frontier Days are a major event on the professional rodeo circuit. At the 1953 Frontier Days the US Air Force's precision flying squadron, the Thunderbirds, made their public debut. Seven-year old Jessica Dubroff, attempting the stunt of becoming the youngest child ever to pilot a plane across the United States, crashed shortly after takeoff from Cheyenne, April 11, 1996. The 9 acre Cheyenne Botanic Gardens are located in Lions Park and features numerous gardens. It also features a solar heated and powered solar conservatory. The Cheyenne Botanic Gardens depends upon a large volunteer force made up primarily of seniors, youth, and disabled residents who provide 90% of the work at the Gardens.The median income for a household in the city was $38,856, and the median income for a family was $46,771. Males had a median income of $32,286 versus $24,529 for females. -- Source: Wikipedia.com

Wyoming 2000 Census Population Profile Map

	Cheyenne	Wyoming	United States
Population	53,011	493,782	281,421,906
Median age	36.6	36.2	35.3
Median age for Male	35.1	35.3	34
Median age for Female	37.9	37.1	36.5
Households	22,324	193,608	105,480,101
Household population	52,020	479,699	273,643,273
Average household size	2.33	2.48	2.59
Families	14,174	130,497	71,787,347
Average family size	2.93	3	3.14
Housing units	23,782	223,854	115,904,641
Occupied units	22,324	193,608	105,480,101
Vacant units	1,458	30,246	10,424,540

Visit US Census

India the next big thing in Real Estate

Local Information for Cheyenne, WY

Latitude: 41.145548 -- Longitude: -104.802042

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

The Leader Spanish Real Estate

ATF Forex Trading

Lingerie & Perfumes

Wedding Singer

QROPS