Foreign Investment In Indian Construction Industry

"With the advent of globalization and liberalization in real estates and construction industries, it is essential to have in place a comprehensive legal framework not only to minimize the disputes and risks attached, but also to encourage global investors".

- Hon'ble Mr. Justice P. Sathasivam, Chief Justice of India

Over the years the Indian construction industry has seen tremendous growth. This growth can be associated to various factors such as multinational entrepreneurialism, buoyant local stock markets, robust economy-changing demographics and the overall emergence of India on the global stage.

Consequentially, with improved living standards, there came a growing need for sophisticated commercial spaces and increasing demand for improved housing. This in turn led to policies which encouraged steady supply of power and efficient transport infrastructure, which in turn provided a boost to investments in the construction industry, and made it an attractive