| |
Gurgaon Real Estate
By vineet goswami
For investors seeking the high returns that are no longer possible in the mature European and North American real estate
markets, India and China are hot. India has encouraged Non Resident Indians (NRIs) with tax incentives and relaxation of
foreign direct investments (FDI) rules, are moving towards India for investments and are now assured about their
investments and high yielding profits. The RBI has relaxed the rules further for NRIs with respect to repatriation of foreign
exchange on real estate investments. Besides being a safe destination, India offers 10 to 12 per cent returns, perhaps the
highest in the world.
"Every foreign investor group, including pension funds, high-net-worth individuals and private equity funds, are all looking
at this sector," said Mr. Gurbaxani, whose company will invest more than $1 billion in the industry in the next few years.
It is a dream for the NRIS to have a base in their homeland and now all this is very easy for the investor.
The rental rates in India are among the highest in the world as returns on investment on the capital value of the property.
Investment in commercial property, where the returns are 10 to 15 per cent, is a proven option, while residential property
is always in demand for leasing. Considering the current property rates and housing loan interest rates, it is worth investing
in real estate in India. All these features make the Indian Real Estate a hot selling cake in the open market and leave all its
investors with a big smile on their face.
Gurgaon presents simply the most lucrative and desirable real estate market in the NCR region, in the wake of its
reputation far superior to any of its counterparts across NCR region, in conjunction with extensively investor friendly
policies and liberal and transparent economy. The region offers remarkable infrastructure conveniences. With respect to
road and rail network, well-developed industrial estates,good banking facilities with over 4500 bank branches, reliable
communication network, modern technical institutes, large manufacturing capabilities, strong private sector and developed
commercial markets. It has excellent law and order situation with peaceful environs.The city's administration and economy
is particularly careful to promote domestic and foreign investments. With the upcoming super spacious express highway,
prospects are only looking brighter.
The region is a favourite with MNCs to establish their office destination, corporate hub, BPO/ IT centers etc. owing to its
proximity with the capital, greater connectivity options including international airport near NH8, public-private sector
partnership model in real estate development and cleaner environment. Coca Cola, Pepsi, Sony, Maruti Udyog, Hero
Honda, Alcatel, IBM, Honda Motors, Bharti Telecom, Carrier Aircon, Siemens, American Express, Frito-Lays and
several others are already enjoying their base offices at Gurgaon. The expanse boasts of plenty of world-class shopping
malls like MGF Metropolitan Mall, MGF Plaza, Sahara Mall, DLF Mega Malls, Gold Souk etc.,
smart multiplexes, fashionable eating joints, plush five star hotels and hi-tech super luxurious commercial and residential
complexes, over and above numerous similar projects in the making.
About the Author
vineet is the author Gurgaon Properties.
Article Source: http://www.simplysearch4it.com/article/39387.html
| If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/39387.html" as shown above and make it hyperlinked. |
| |
|
