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
Bangalore Become the Most Favorite Property Investment Destination for NRIs
Oct 09, 2014
The real estate market in the Bangalore city is propped up by investments from NRI’s
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
NRI investments in realty sector may rise 35% this yr: Survey
Sep 13, 2014
Property developers are expecting a 35 per cent surge in real estate enquiries from NRIs, with Bangalore turning out to be the hot favourite, says an Assocham survey
Realty Expo Offers Resources to NRIs on India’s Housing Market
Aug 30, 2014
Bay Area Indian Americans keen to buy into their homeland got a crash course in property investment at the “Realty India Expo 2014,” held at the Double Tree Hilton Hotel here Aug. 23 and 24
UK’s Varakas Group to build resorts in Gujarat
May 11, 2014
AHMEDABAD: It seems that the fragrance of ‘Khushbu Gujarat Ki’ campaign led by actor Amitabh Bachchan to promote Gujarat Tourism has spread to overseas. A UK-based NRI investor is planning to invest in hospitality at tourist spots in Gujarat.
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.
An NRI's guide to investing in property in India
Feb 01, 2014
MUMBAI: With the rupee falling, real estate has been one lucrative investment option for non-residential Indians (NRIs). Also, whether the market is hot or not, many NRIs like to have a place back here in India. The RBI's regulations on it are fairly easy as well and you do not have to take any prior permission from the authorities. The rules for any such property transaction fall under the Foreign Exchange Management Act (FEMA).
A close look at Goa's real estate market
Jan 20, 2014
GOA: The real estate sector in Goa continues to reel under the pressure of slowdown, with no sign of respite even in 2014. Not so far back in the past, for rich clients from cities like Delhi, Pune, Bangalore and Mumbai, and for even non-resident Indians (NRIs), Goa was the most preferred destination for buying second home.
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.
Real estate sector: Growth starting, but no bull-run yet
Jan 07, 2014
MUMBAI: The year 2013 was a year of survival for the real estate sector, but expectations are now high among developers and analysts. The industry is pinning hopes on a mid-year turnaround after the General Elections, it is not likely to materialise given the time lag for policy implementation.
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.
Canara Bank launches two new housing schemes for NRIs, HNIs
Sep 24, 2013
DELHI: State-owned Canara BankBSE 0.47 % today launched two new housing schemes for Non-Resident Indians (NRIs) and High Networth Individuals (HNIs), in a bid to cash in on the festive fervour.
Buying property: NRIs ride the rupee slide
Sep 14, 2013
MUMBAI: Now is the time for developers to offer incentives to attract customers, particularly non-resident Indians. A senior executive at a housing finance institution says it is working on organising a property event targeting NRIs.
Rupee free fall wipes out meager returns on real estate; makes PE exit painful
Sep 12, 2013
MUMBAI/BANGALORE: The depreciating rupee may have helped improve property sales to NRI buyers, but it isn't helping the saviour of real estate developers — private equity firms — which are not only stuck with their earlier investments, but can't raise fresh funds either.
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.
Realty players use social media to tap Net-savvy NRIs
Sep 02, 2013
DELHI: The depreciating rupee has turned out to be a blessing in disguise for big-ticket properties across India. With properties almost 30 per cent cheaper for non resident Indians (NRIs), real estate majors have stepped up their efforts, hitch hiking on social media and marketing premium deals to net-savvy NRI customers.
UK-based Seer Acquisitions unveils its Indian operations
Aug 31, 2013
DELHI: Real estate consultancy firm Seer Acquisitions on Friday unveil its Indian operations here under the name Seer Realty. The UK-based firm launched its operation to facilitate the deals between the investors of two countries.
No proposal to hike foreign investment limit in banks: Govt
Aug 24, 2013
DELHI: There is no proposal to hike foreign investment ceiling in the banking sector, the government said today.
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.

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