Latest Realty News

Mumbai top investment destinations among UAE based Indians
Nov 19, 2014
DUBAI: Despite high property prices, India's commercial capital Mumbai has once again emerged as the most popular and attractive property investment hotspot amongst the UAE-based Indian expats
NRIs invest over $2 billion in Indian realty in 2013 on weak rupee
Sep 18, 2014
Non-resident Indians invested over $2 billion in Indian real estate in 2013, riding on the back of a weak rupee and heightened promotions by developers to attract them at a time when domestic demand was weak
Did NRI investment scheme cost RIICO over Rs 1,000 crore?
May 08, 2014
JAIPUR: Land grabbing in the name of industrialization is not new, but it seems to have scaled a new peak in the state casting aspersions on the fairness of RIICO which is at the centre of a host of questionable allotments. Estimates suggest that RIICO has lost more than Rs 1,000 crore in a single investment scheme meant for NRIs.
Delhi govt housing scheme sparks NRI interest
Jan 13, 2014
DELHI: Since the Delhi Development Authority (DDA) announced a few days earlier of a new housing scheme this year, the phones at its offices have not stopped ringing. The calls are mostly from Indians based in America and South Africa, making enquiries about the new opportunity.
What attracts NRI investment in Indian real estate
Jan 10, 2014
MUMBAI: For Non Resident Indians, a base in their homeland is always considered a safe prospect and gives them an added sense of security. When it comes to the Indian real estate, non-resident Indians (NRIs) take centre-stage, especially with the depreciating rupee. The recent market trend where there is high inflation, volatility and the rupee value depreciating, NRIs make the most of the opportunity and invest in the Indian real estate market.
Rajasthan ideal for investments, Vasundhara Raje tells NRIs
Jan 10, 2014
JAIPUR: In an effort to fulfill the poll promise of providing 15 lakh jobs in the next five years, chief minister Vasundhara Raje on Thursday appealed to Non-Resident Indians (NRIs) to invest in the state. In her message to NRIs on the occasion of Pravasi Bharatiya Divas in New Delhi, she underscored Rajasthan's advantage over other states.
NRIs look to Gurgaon flats for bumper returns
Dec 26, 2013
PUNE: If you get to choose between buying a beach house in Florida and an apartment in Gurgaon, what would you prefer? While the great American dream may seem like obvious choice to many, the dollar-rich expatriates think other way around.
Investors bet on smaller leased office properties
Dec 16, 2013
MUMBAI: Ganesh Kumar, a real estate consultant in the Andheri area here, recently bought a 2,200-sq-ft property in Pune and leased it to a financial services firm. “I invested in office property for the first time. I am getting returns of 12-13 per cent, which is very good,” Kumar says.
NRI dollars flow into investments
Dec 12, 2013
MUMBAI: The share of remittances in India used for investment has gradually increased as compared with the main usage for family maintenance purposes.
Hyderabad's realty sector set for recovery
Sep 06, 2013
HYDERABAD: The spiraling rate of the dollar coupled with modest pricing is likely to attract NRI investment to the city's real estate sector in the near future, said representatives from the industry on Thursday.
NRI interest in Gurgaon realty up as rupee touches historical low
Jul 16, 2013
DELHI: The fall of Rupee has raised speculations of increased NRI investments in the reality sector. Builders and analysts say that Gurgaon continues to be a popular destination for NRIs buying property mainly for the purpose of investment.
Will rupee depreciation bring NRI real estate investors home?
Jul 09, 2013
DELHI: Dubai, which is touted to be the most popular and world-class property investment destination in the Middle East, has started to witness a recovery of its property market post the financial crisis. In 2012, real estate prices recovered for the first time, growing by 10% y/y, according to the Dubai Land Development (DLD) authority’s data and as quoted in various regional media. Real estate transactions in Dubai had increased by 8% to Dh154 million in 2012.
Rupee depreciation may boost NRI investments in realty sector
Jul 01, 2013
MUMBAI: The depreciation in rupee provides a psychological boost to both non-resident Indians as well as developers, real estate consultancy firm Cushman & Wakefield said.

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