November 28, 2008

Morgan Stanley to invest $1 bln in Indian property segment. Is it good news?

BrixResearch Moderator says: Morgan Stanley Real Estate is planning to invest an additional $1 billion in India. This investment would be made over the next five years. The company had earlier invested about $750 million in the India.

This comes despite views that India could see fewer commercial investment transactions in the near term.
- Does this ring bell for other investors too?
- Does this mean that Indian property market is still buoyant and may revive from the current capital crisis?
Share you views in the ‘comments’ section.