NRI/PIO/OCI Real Estate Investment Guidelines
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More specifically, Shariah-compliant products (which include banking assets and asset
management) were valued at around US$450 billion (ex-Iran) in 20064
. With growth of
23.5% p.a. over the past five years, Shariah compliant products are expected to grow at
17% p.a. to exceed US$1 trillion in value by 2010 (ex-Iran).
The growth of international property investment has accelerated during this decade, due to
(1) the maturity of real estate as an asset class, (2) increasing allocation to real estate by
institutional investors, and (3) better returns in both absolute and relative terms, compared
to other asset classes5
....
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NRI/PIO/OCI Real Estate Investment Guidelines
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NRI/PIO/OCI Real Estate Investment Guidelines
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