In a recent circular [RBI/2014-15/132 A.P. (DIR Series) Circular No.5] the RBI has raised the remittance limit up to US$ 125,000 per individual, per year and removed the restriction against the purchase of property.
A new survey shows that while London was one for foreign investors, the rest of the top five cities were all in the USA. The survey said the U.S. is the “stable and secure” country for real-estate investment “by a wide margin.” The U.S. is also the top market when it comes to capital appreciation and for future real-estate purchases.
CRE prices gain traction across all property types during Third Quarter 2013 despite uncertainty over economic policy.
The acquisition would be the latest sign of the big bet Blackstone is making on commercial property at a time of growing unease about the global economy. While many investors have stuck to the sidelines, Blackstone’s funds have been buying up highly-leveraged properties that crumbled in value when the market collapsed.