Indian property is leaping forward, and it’s time for investors to speed up and keep pace!
According to recent research by Cushman & Wakefield, Indian property rates in micro markets such as OMR in Madras, Indirapuram in NCR, Lower Parel in Bombay or Bellary Road in Bangalore have jumped to fetch a premium price. These markets have recorded an increase of 400 per cent in the last five years and those who have stayed invested in these markets have been experiencing enormous yields owing to the great buoyancy in the markets.
While domestic Indians are increasingly opting for an apartment close to the IT corridors, NRIs also form a major chunk of investors in such micro markets and are greatly benefiting out of their investments from these markets. Hence, micro markets are predicted to be the best bet for NRI investors.
Interestingly, IndiaProperty.com, the leading property portal from Consim Info Pvt Ltd (formerly known as BharatMatrimony Group) witnesses 40 per cent of its website visitors from the NRI market. In view of this scenario, IndiaProperty.com will bring in its first Property Exhibition for the interested buyers in Singapore on August 23 and August 24, 2008 at the Suntec City in Singapore and will showcase over 100 projects from leading builders in India.
The IndiaProperty show for International markets returns post the phenomenal success of the India Property Show in Dubai which saw a transaction of property investments worth Rs 250 crore by NRIs. The exhibition that featured over 100 properties from all parts of India exceeded the expectations of the Indian builders and saw around 5000 serious customers who thronged the show. The show also provided exciting opportunities for builders from smaller cities like Coimbatore, Madurai, and Trichy. Apart from Tamil Nadu, there were builders from Kerala, Andhra Pradesh and Karnataka too!
Says P Gopalakrishnan, Chief Marketing Officer, Consim Info Pvt Ltd, “Properties in India are considered the best for the tremendous ROI it offers. The India Property show in Dubai reinforced the existing demand of Indian Properties in the NRI market”
With a strong presence in metros and tier 2 cities, IndiaProperty.com promises to rope in the best builders from all across India for the India property show in Singapore. Having an already existing database of ….strong visitors, IndiaProperty.com offers the most reliable solution for developers and customers by optimally utilizing the various mediums.
Gopal adds, “We intend to create a similar platform during IndiaProperty Show in Singapore, which is an ideal market for these Indian builders. We will have well known builders showcasing their projects from areas, which will dovetail to the Singapore’s NRIs choices. The show will also feature top financial institutions from India for easy solutions to property buying”.
The IndiaProperty Show in Singapore will showcase residential apartments, villas, gated communities etc. Those interested to buy property in India for settling down or as an investment option can interact directly with the builders participating in the show. For more details log on to HYPERLINK “http://www.indiaproperty.com/” www.indiaproperty.com.
IndiaProperty.com, part of Consim Info Pvt Ltd. (formerly BharatMatrimony group), provides in-depth information on buying, selling and renting out properties in India.
The portal provides an ideal medium for independent owners, real estate agents and builders to advertise their listings on the Internet and for potential buyers to search for properties in a private, hassle free environment. With the group’s partnership with Yahoo, IndiaProperty also powers Yahoo’s property channel in India. Recently IndiaProperty.com was ranked, the Best Indian Real Estate Website by PC World.
Formerly known as BharatMatrimony Group, Consim Info Pvt Ltd is India’s leading Internet Company. The company, established in 1997, has developed expertise and successful business models to provide an array of world-class services including Bharat Matrimony.com, India Property.com, India Automobile.com, ClickJobs.com, Listings and SMS services. With over 15 million users worldwide, the group has established itself as an undisputed leader in the Indian Internet space.
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