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- Dear Sergey. I am Vineet. I live at Chandigarh in India. Chandigarh is one of the fastest growing cities of India.
You asked about the reasons for real estate growth in an area. In my opinion, the factors are increase in population, increase in spending power, more awareness among people to invest overseas, liberalisation of property related laws, promotion of tourism and many more. More and more people in India are looking forward for overseas investment.
Sergey, please share more about real estate development in your country and the local laws governing real estate purchase by foreigners in your country.
Ask for any information about India.