Coldwell Banker UAE now offers a diverse portfolio of properties across India to all potential Indian residents in the UAE. Having partnered with key developers such as Tata Housing, Emaar MGF, Unitech, RNA Corp, Vatika Group, Vijay Associates and Acem group, Coldwell Banker UAE will provide their real estate expertise of the Indian Property market to potential investors in the region.
The collaboration with several high profile Indian developers makes Coldwell Banker UAE a one stop shop for any NRI (Non Resident Indian) or OCI (Overseas Citizen of Indian Origin) planning to buy property back in their homeland. With access to a vast inventory of Indian property, Coldwell Banker agents can help you make a well informed investment decision for property in India.
The strength of the Indian real estate market is apparent when looking back at how price hikes of roughly 20% were experienced in the booming city of Mumbai when recession had affected the world early 2009. With an approximate 45% of the UAE’s population comprising of Indians, the need to have a local experienced broker cater to this segment was vital. Coldwell Banker UAE has taken a step to bring Indian properties to residents in the UAE. Clients will be advised of necessary paper work and viewings can be scheduled with representatives in India through direct coordination with your Coldwell Banker UAE agent in Dubai.
There is a chance that interest rates on lending would come down in India, which should work well to the advantage of property buyers.
“We don’t see any major changes in the [federal]budget 2011-12, expect may be on the direct tax law,” said Sujeet Ahuja, the international business development manager at Coldwell Banker UAE.
“But we do expect interest rates to come down which would make home loans cheaper for Investors.”
“We have properties pan India and will keep bringing what we believe would be a value buy for investors,” Ahuja added.
“India is growing at 8-9% annually – when the growth is so high, it always escalates prices, primarily in real estate. Yes, there is a premium to invest in high-end properties in India, but investors are definitely not holding back.”
As per industry estimates, overseas investor interest accounts for 30% of the overall sales in Indian property, of this, 40% are done by UAE-based Indians.
Coldwell Banker UAE will exclusively sell and market certain prime development s across India besides putting forth several other non-exclusive properties which may suit the Indian investor. In commencement of this venture, Coldwell Banker UAE will present the BDI Sunshine City apartments situated in Delhi National Capital Region, the second largest Industrial hub in the country, Bhiwadi. Attractively priced and strategically situated in a prime location, this property guarantees capital gains for any investor.
Details for this will be provided after the project launch in the region on the 25h of January in Dubai, Hotel Dhow Palace, Al Mankhool Road, Bur Dubai.
