Buying property in UK: Since land is a scarce resource in London, the real estate company is regenerating old brownfield sites such as the former Kodak and Nestlé factories to construct modern housing projects similar to redeveloped mill projects in Mumbai.
Buyers are of late flocking to the Dubai real estate market on account of factors such as infrastructure, safety and investments giving good returns in two to three years, said a Dubai-based property consultant.
While he sees potential and opportunities in India’s financial capital, Rizwan Sajan is sticking to the emirate for now
For Indians looking to invest in a real estate in Dubai, the attractions include high rental yields of up to 7 percent, potential capital appreciation, and the opportunity to own a property in a global city.
Indians are among the largest foreign nationals who buy property in several cities across the world - from New York, to Dubai, to London. Reasons for this could be better returns on portfolio, future prospects, lifestyle or childrens’ education. But how CAN you purchase property abroad and what are the top real estate destinations for Indians? Watch now!
Indians are among the largest foreign nationals buying properties in many cities across the world. Better returns on portfolio, future prospects, lifestyle and children’s education are the main reasons. The outward remittance from India to buy immoveable assets abroad reflects the trend
With the British capital proving to be an investment hotspot where property provides massive returns, it looks like the RBI 's rules to clampdown on buying property abroad are proving to be ineffective.