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PwC: MUMBAI AND NEW DELHI New Favored Real Estate Investment Locations posted 4 minutes ago by Ashish Real India Property Emerging trends in Real Estate ® Asia Pacific 2011 highlights the fact thatresidential real estate properties in Mumbai continue to maintain the growth momentum. Jai Mavani,Executive Director - Real Estate and Infrastructure- Tax & Regulatory Practice, PwC India commented on the locations rise to the third position.

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Chinese purchases of US homes rose 19 percent during 2013 to total $22 billion in housing purchases! The surge in spending made China the leading foreign buyers of US homes with 24 percent of US housing purchases by foreign buyers in terms of monetary value. Chinese investors paid on average $523,148 per property in the US, far surpassing the average price of $199,575 paid by US buyers.

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