Developers aim for international property
The property demand is increasing wherein the developers are rushing forward to purchase in the international level.
In a city like Mumbai the American based properties have expanded interests well in the Mumbai circle rates.
The Altamount Road residential building, Washington House has till now received three bids pricing Rs 350 crore.
For which the Lodha Group a Indian real estate based company has already offered Rs 400 crore.
Also, the international developers who have well established themselves in Mumbai, Bangalore city are competing with the Indian developers.
The Indian developers are no less and are giving equal competition to the developers overseas.
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Source: The Economic Times
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