According to survey conducted by Association of Foreign Investors in Real Estate (AFIRE), India is 3rd behind China and Brazil to attract foreign investment in real estate. China is heads and shoulders above the others as the preferred country for Foreign investment in real estate – Infact China is the only country where more Foreign Investors showed interest in buying real estate in 2010 as compared to 2009. All other countries in top 5 on the contrary have showed a steep decline.

In 2009, more than 18% Foreign investors showed interest in India’s real Estate, while this year the figure dropped to close to 11%. The other countries which show sharp decrease in interest in real estate acquisitions are Brazil, Mexico, Turkey and Russia.

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