Tuesday, January 17, 2012

NRIs taking interest in Indian property market due to fall in rupees - Accommodation Times

NRIs taking interest in Indian property market due to fall in rupees - Accommodation Times:

NRIs taking interest in Indian property market due to fall in rupees

By Accommodation Times (www.accommodationtimes.com)

The decline in the value of Indian currency and constantly bad performance of real estate sector is become a doublebonanza for Non Residential Indians (NRIs) to invest in Indian property market. According to the several market reports and NRIs also said that “in Thane region property prices are 30% less than the usual market prices,” they added that we have decided to buy a property in India as we are expecting an annual 10% to 15% appreciation.
According a flamboyant brokerage firm said that, we have received a huge response from overseas home seeker in the recent month. Adding that in Dubai property exhibition hundreds of NRIs has booked their flats on the spot, whereas several others have put their decisions on hold as first they wanted to observe the locations.
Reportedly, this time Navi Mumbai and Bangalore are on top of the NRIs demand list, though Delhi market got less numbers comparatively previous year. Authorities said that following to the demand we have decided to conduct property exhibitions in in Singapore and other international places that have a large Indian population.
Niranjan Hiranandani, managing director of the Hiranandani Group, said “Reduce in the value of Indian currencyagainst the dollar/dinar in the overseas market has aided to lure NRI home buyers, if the value of a flat is 1crore in Indian market NRI buyer has to pay only Rs.85L- 15percent lesser.”

No comments:

Disputed Property Buyers & Dealers

1) SELLERS- You are humbly invited, If you have any kinda disputed property...any size...forward the matter to us.........dispute with anyone....be it a dispute between some individuals or between individual and Govt or some company.

(i) LAND ACQUISITION MATTERS.

(ii) Partition Suits

(iii) Family Disputes And be it a dispute of any kind, property or no property, we can help in fighting it, settling it. We are quite efficient to find some practical solution.

2) BUYERS---- You are welcome as well. We will give you the deal after finding a solution of the dispute. that means you will get a clear deal. Be in touch with us, if you wanna earn good money in real estate.

3) BROKERS-- You too are invited, you too will get your fair share.

4) SELLER, BUYERS, BROKERS--- You all can rely upon our legal and professional expertise, rest assure.

5) WE-- We are GOVT. CERTIFIED REALTORS having a long experience of real estate and fighting Court Cases of diverse types.

6) WE CAN TAKE UP REAL ESTATE DISPUTES COURT CASES@5% to 25%. ALL EXPENSES WILL BE OURS. AND WE WILL TAKE OUR SHARE AFTER SOLUTION.

7) Who are Certified Realtors ??? The Certified Realtors are those who get Certification of dealing in properties after getting rigorous training by Real Estate Experts and Tycoons through

i) Guru Gobind Singh University

ii) National Real Estate Development Council

iii) Housing & Urban Development Corp.

iv) Human Settlement Management Institute

8) Why the Certified Realtors should be opted while dealing in properties ???

i) In Delhi there is no restriction for the Property Dealers to get any formal, proper training so even a Parchoon Wala starts dealing in properties, Who have no deep knowledge of legal, architectural, documentational aspects of properties, which may ultimately harm badly the people dealing with them.

ii) In Delhi every other day there is a News that someone has been cheated by some fraudulent Property Dealer.

iii) Many vital mistakes are committed by buyer and sellers both which cost them in lakhs and crores and sometimes the whole property gets worthless. DEALING WITH US MEANS DEALING WITH PROFESSIONAL