Indian cities top investor list

Sat, 05 Mar 2005 | Source: DPA

SINGAPORE: Three Indian cities are expected to be the top destinations for Asian real estate investors, edging out Jakarta and Taipei, a property consultant's survey said on Friday.

Jones Lang Lasalle (JLL) surveyed more than 30 real estate investors primarily from Europe.

Mumbai (Bombay), Bangalore and Delhi emerged as the top three destinations, with Jakarta fourth and Taipei fifth.

Singapore ranked 9th on the list of 14 Asian countries, with Shanghai and Beijing close to the bottom. -- DPA

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