While the Canadian real estate market has seen incredible growth in the past several years, it’s being eclipsed by the growth in one of the fastest-growing economies in the world — India.

Now, with Vancouver-based Manoj C. Benjamin’s Royal Indian Raj International Corporation (RIRIC), Indo-Canadians have an opportunity to bene!t from the massive Indian real estate boom and to be a part of an exciting new vision of modernized real estate in India.

The son of immigrants, 44-year-old Benjamin is a highly successful local businessman who has taken some of the wealth he earned here and invested it in India. When India opened its economy to the world in 1991, Benjamin started
on the path to realizing his vision and dream to build communities that would stand out on the world’s stage as being progressive and of the highest possible standards. Today, that dream is becoming a reality and RIRIC is at the forefront of developing first-class resort communities and modern satellite cities in India under its Royal Garden City, Royal Garden Villas & Resorts, and its hotel brands.

“We see the integrated township/city format as a key driver of future housing supply and as a catalyst for the much-needed infrastructure investments in the rapid urbanization of India. The Indian government has spelled out key incentive policies to provide an impetus towards easing the “ow of private investments and the royal garden city is one of the first to have been conceptualized and planned to meet this objective,” says Benjamin.

RIRIC’s leadership position in this field is recognized as RIRIC is the lead sponsor for the World Cities Forum in Shanghai with the World Bank and the Urban Land Institute of America.

According to Anil K. Agarwal, President of ASSOCHAM (Associated Chamber
of Commerce and Industry of India), leading international investors like Royal Indian Raj International, Blackstone Group, Goldman Sachs, Citigroup Property Investors, Morgan Stanley, and GE Commercial Finance Real Estate are showing a keen interest and establishing their presence in Indian real estate.

Eight years ago Benjamin began aligning himself with venture partners who also saw the potential for modernizing real estate in the Indian market and committed them to RIRIC’s objective of “Building India for the new millennium.”