India leads the top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute, a global non-profit education and research institute. The study is prepared by over 270 international real estate professionals, including investors, developers, property company representatives, lenders, brokers and consultants.

The report provides development trends and outlook on Asia-Pacific real estate investment and indicates Mumbai and Delhi as particularly good destinations in India.

Mumbai, Delhi and Bangalore lead in the hotel ‘buy’ prospects. Also, residential properties are viewed as more promising than other sectors.

“The recapitalisation by players in equity markets across Asia has been successfully replicated by some Indian developers, which has helped ease the liquidity stresses,” said Mr Gautam Mehra, India Leader for Real Estate Practice, PriceWaterhouse Coopers.

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