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India realty space to see $4-5 bn foreign inflows in 2 yrs: JLL

"The early foreign investors in India, who came in around 2006-07, did not have very good experience, partly because of their inexperience in doing business in India and partly because of global financial crisis," JLL Asia Pacific CEO Alastair Hughes said here.

India ranks 2nd in retail realty investment momentum index

India ranks second among top 20 countries with the strongest momentum in retail real estate index and it lags behind China due to weaker investment prospects and a smaller presence of global retailer, according to a report by global property consultant Jones Lang LaSalle.