Foreign investors are looking forward to investing in the Indian Real Estate industry with the dollar appreciating in value compared to the rupee in the recent times. Construction development sector (including townships, housing, built-up infrastructure & construction-development projects) has attracted a cumulative FDI worth US$ 21,765.55 million from April 2000 to November 2012. FDI flows into the construction sector for the period April-October 2012-13 stood at US$ 691 million, according to the Department of Industrial Policy and Promotion (DIPP). As per DIPP figures, the real estate sector witnessed FDI inflow worth US$ 914 million in 2014-15 till December.
India needs to invest US$ 1.2 trillion over next 20 years to modernize urban infrastructure and keep pace with the growing urbanization, as per a report released by McKinsey Global Institute (MGI) - India's urban awakening.