Alony Hetz has established a consortium with Israeli & Australian parties to invest in real estate properties in India. Alony Hetz holds 40% share in the consortium, which will invest a total of $100 million.

Collaborating closely with leading local entrepreneurs and developers, the consortium will develop a wide range of residential, commercial and industrial centers in special economic zones.

In the year 2025, the Indian economy is expected to be the fourth largest in the world (GNP of US$ 3 trillion). The current annual GDP growth rate is expected to be 9%, while the inflation rate is expected to be 5% during year 2006.

Foreign exchange reserves are expected to exceed US$ 140 billion by the end of 2006 while foreign direct investments will surpass US$ 10 billion in 2006.

The realty market in India was opened to foreign investors (FDI) in mid 2005.

Close to 300 million people live in urban areas in India.

There is an existing shortage of approximately 20 million residential units across India, which are targeted at the middle and upper classes.

The expected volume of residential property investments in India is US$ 40 billion, whereas the volume of investments in infrastructure is estimated at US$ 65 billion.

The annual demand for office-space is projected at 2 million square meters for the coming five years. 80% of the office space is leased to the High-Tech industries.

The estimated volume of investments in the construction of 100 thousand hotel rooms stands at US$5 billion.

The forecasted volume of investments in commercial centers in the coming two years is estimated at US$2 billion.