Indians
The high net worth individuals in India prefer to buy their second homes in leading global financial centres, including London, New York and Singapore. This data was published by a report by New World Wealth. According to the data published by this report, the bulk of London’s second home buyers come from the rest of [...] Continue Reading »
Pune real estate sector is witnessing some renewed interests of private equity players. The reasons may be the uninhibited influx of professionals and a robust local economy, which is relatively less affected by the economic downturn, The developers have also ensured a steady demand for homes and offices in the city. This has helped induce [...] Continue Reading »
Chennai- Increasing number of luxury residential projects in the city have paved way for global interior designers to enter the city. The opening of single and multi brand Foreign Development Investment (FDI) in retail market, foreign brands have been supplied with a huge potential market. There are a wide range of luxury properties in Chennai, [...] Continue Reading »
The dipping rupee value in the past few months has brought a lot of cheer to Non Resident Indians. The Indian real estate market has now turned sluggish and the depreciating rupee adds more power to NRIs dollars and leads them to acquire properties at cheaper rate. Anuj Puri, chairman & country head, Jones Lang [...] Continue Reading »
With the rupee value drop down many Indians who have settled down in foreign countries are looking forward to invest back home in India. People settled in Singapore repent for not having invested on the properties years back when prices were low. Now, in foreign countries the government is imposing taxes to deter foreign buyers. [...] Continue Reading »
