The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Buyer beware!

Busy work on the foundations of a mighty edifice

A guide to foreign direct investment in India

For all of the potential in India’s property sector, foreign investors still need to tread lightly here. This is an oblique and misleading market.

For Vincent Lottefier, chief executive of Jones Lang LaSalle Meghraj, a joint venture between the global real estate services firm and Indian property services firm Trammell Crow Meghraj, India’s fast-growing property market is a mixture of the alluring and the frustrating. An old Asia hand, Lottefier has experienced the best and worst of real estate in India (his present home) and China (where he used to work).

Asked to contrast the two markets, he says India is by far the harder place in which to do business. "In China there are only a few things to iron out that are big. In India, even when you think you’ve ticked all the boxes, you could still get hit by a truck going the wrong way."

He adds: "There are so many issues [in India]. Basically the list doesn’t end."

Any regular visitor to Asia’s two emerging industrial powerhouses will also have noted the stark contrast in how a building is constructed and managed.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree