Lots of NRIs and foreigners are interested in investing in India. Indian reality market is booming. There are some cold periods, but in general, the reality market will keep growing. The reason behind this is that the property prices in many upcoming cities of India are very much on a lower side as compared to metro cities. Moreover, India is maintaining a steady growth rate.
There are a lot of investment opportunities in India giving returns between 45% to 80%. As regard foreign and NIR investment, connect to http://dipp.nic.in/invindia/invind.htm for more information.