The impact of economic slowdown has been increasingly felt on the overall demand pattern among US NRIs (Non Resident Indian's) while investing in real estate back home.
However, Bangalore continues to remain the favoured destination for investment in housing. But the quantum of demand has dipped over the years. An estimated about 45% of the US NRIs wish to seek housing loans while investing in residential property across India.
In a survey conducted by Chennai based Priya Publications and REBI and held in Edison and Santa Clara recently, southern cities drew more demand for investment in real estate.
Highlights of Priya Publications and REBI Survery..!
# In bay area alone, Bangalore continues to remain as the favoured destination for techies as chances of reemployment are better in the city for returning NRIs.
# In Edison area, Chennai topped the list of cities for realty investment.
# Other cities that evinced keen interest among US NRIs include Ahmedabad, Pune, Delhi, Gurgaon , Mumbai, Hyderabad & Kochi.
# Among tier III cities that are driving demand specific mention must be made about Mysore, Mangalore, Vishakhapattinam & Coimbatore in south.
# Incidentally the level of interest for investment in Ahmedabad is up especially with the state receiving more foreign investment for infrastructure projects leading to better yield for investors.
# Unlike earlier, demand for villas has surged with a significant number of visitors evincing keen interest to invest in villa projects in southern cities. Other categories of properties for which demand continues include office space, developed plot and retail units.
# A majority of the US NRIs are looking for professionally managed property management companies to manage their properties during their absence in India.
# The availability of guaranteed rental income properties has generated much interest due to minimal financial outgo and the flexibility to offset EMI payment against rental income every month. As developers are keen to manage such properties for the initial years, NRIs evinced keen interest to invest in such properties.
About Priya Publications ..!
Chennai based Priya Publications has been publishing real estate magazines since 1985. Initially the editions were confined to NRIs and published from Dubai for distribution to AGCC countries. Since 1999, the publication has been released from Chennai and distributed through several retail outlets in India and abroad.
Indian Real Estate was initially released from Dubai and later a guide to Chennai Real Estate and A Guide to Bangalore Real Estate were added to the growing list of publications. The magazines have been widely acclaimed for the in-depth survey on market scenario, rates for varied locations over a period of years, tips to home loans, update on housing finance rates, NRI investment, Feng Shui, Vaasthu, legal articles, High Court and Supreme Court judgements on property matters and tips for tax planning.
Priya Publications enjoys a wide subscriber base both from India and abroad. Besides organising international property shows, the objective of the organization is to update NRI investors on current market trends, regulations and procedures for investment and repatriation. Limited services were also provided on FDI in real estate in select cities and market survey.
Priya Publications is a member of Greater Dallas Indo-American Chamber of Commerce and the firm’s real estate publications are now available with the Library of Congress in Washington, DC and other research libraries in the US. International research institutions are welcome to send their requests for obtaining copies of our publications. Priya Publications Managing Director is Mr. V. Nagarajan.
Priya Publications offers through its associate company Raghav Realty Consultancy select investment options in plotted development in Hyderabad and Chennai including obtaining plot loans, land for outright and joint venture development and NRI marketing avenues. For more information contact through email: raghavrealty@gmail.com
Priya Publications, No 26/21, South Mada Street, Sri Nagar Colony, Saidapet,Chennai - 600 015 Tel 91-44-42043857, (+91)9840027139 Email priyapublications@gmail.com, priyapublications@yahoo.com
About REBI..!REBI is an organisation designed for delight in real estate Transaction & a concept for grooming the existing procedures for industry performance for hassle free transaction experiences.
With its first-of-its-kind business model, REBI’s business focus is not limited to the mere delivery of conventional real estate services. REBI is fully geared to seize every opportunity to serve the growing needs of the real-estate services seeking populace and explore hitherto unprecedented avenues of growth.
REBI operates a chain of property shops across the country, that act as one-stop real estate transaction facilitation points for customers ranging from the retail customer to Corporate Clients, Builders and Developers. The end buyer is tremendously benefited as REBI offers free of cost transaction services to them. In effect, a customer who buys any property through REBI does not pay even a penny as commission. REBI charges commission only to the sellers.
REBI currently has geographical presence in about 70 cities and towns across the country.
REBI - Tamil Nadu and Pondicherry, New No-5, Second Floor, Lynwood Avenue, Mahalingapuram,
Nungambakkam, Chennai. Tamil Nadu
Mobile - +91 9916788677
Phone - +91 044 - 4902 0000
Email: priya@rebi.in
 |
| Priya Publications Nagarajan |
However, Bangalore continues to remain the favoured destination for investment in housing. But the quantum of demand has dipped over the years. An estimated about 45% of the US NRIs wish to seek housing loans while investing in residential property across India.
In a survey conducted by Chennai based Priya Publications and REBI and held in Edison and Santa Clara recently, southern cities drew more demand for investment in real estate.
Highlights of Priya Publications and REBI Survery..!
# In bay area alone, Bangalore continues to remain as the favoured destination for techies as chances of reemployment are better in the city for returning NRIs.
# In Edison area, Chennai topped the list of cities for realty investment.
# Other cities that evinced keen interest among US NRIs include Ahmedabad, Pune, Delhi, Gurgaon , Mumbai, Hyderabad & Kochi.
# Among tier III cities that are driving demand specific mention must be made about Mysore, Mangalore, Vishakhapattinam & Coimbatore in south.
# Incidentally the level of interest for investment in Ahmedabad is up especially with the state receiving more foreign investment for infrastructure projects leading to better yield for investors.
# Unlike earlier, demand for villas has surged with a significant number of visitors evincing keen interest to invest in villa projects in southern cities. Other categories of properties for which demand continues include office space, developed plot and retail units.
# The availability of guaranteed rental income properties has generated much interest due to minimal financial outgo and the flexibility to offset EMI payment against rental income every month. As developers are keen to manage such properties for the initial years, NRIs evinced keen interest to invest in such properties.
About Priya Publications ..!
Chennai based Priya Publications has been publishing real estate magazines since 1985. Initially the editions were confined to NRIs and published from Dubai for distribution to AGCC countries. Since 1999, the publication has been released from Chennai and distributed through several retail outlets in India and abroad.
Indian Real Estate was initially released from Dubai and later a guide to Chennai Real Estate and A Guide to Bangalore Real Estate were added to the growing list of publications. The magazines have been widely acclaimed for the in-depth survey on market scenario, rates for varied locations over a period of years, tips to home loans, update on housing finance rates, NRI investment, Feng Shui, Vaasthu, legal articles, High Court and Supreme Court judgements on property matters and tips for tax planning.
Priya Publications enjoys a wide subscriber base both from India and abroad. Besides organising international property shows, the objective of the organization is to update NRI investors on current market trends, regulations and procedures for investment and repatriation. Limited services were also provided on FDI in real estate in select cities and market survey.
Priya Publications is a member of Greater Dallas Indo-American Chamber of Commerce and the firm’s real estate publications are now available with the Library of Congress in Washington, DC and other research libraries in the US. International research institutions are welcome to send their requests for obtaining copies of our publications. Priya Publications Managing Director is Mr. V. Nagarajan.
Priya Publications offers through its associate company Raghav Realty Consultancy select investment options in plotted development in Hyderabad and Chennai including obtaining plot loans, land for outright and joint venture development and NRI marketing avenues. For more information contact through email: raghavrealty@gmail.com
Priya Publications, No 26/21, South Mada Street, Sri Nagar Colony, Saidapet,Chennai - 600 015 Tel 91-44-42043857, (+91)9840027139 Email priyapublications@gmail.com, priyapublications@yahoo.com
About REBI..!REBI is an organisation designed for delight in real estate Transaction & a concept for grooming the existing procedures for industry performance for hassle free transaction experiences.
With its first-of-its-kind business model, REBI’s business focus is not limited to the mere delivery of conventional real estate services. REBI is fully geared to seize every opportunity to serve the growing needs of the real-estate services seeking populace and explore hitherto unprecedented avenues of growth.
REBI operates a chain of property shops across the country, that act as one-stop real estate transaction facilitation points for customers ranging from the retail customer to Corporate Clients, Builders and Developers. The end buyer is tremendously benefited as REBI offers free of cost transaction services to them. In effect, a customer who buys any property through REBI does not pay even a penny as commission. REBI charges commission only to the sellers.
REBI currently has geographical presence in about 70 cities and towns across the country.
REBI - Tamil Nadu and Pondicherry, New No-5, Second Floor, Lynwood Avenue, Mahalingapuram,
Nungambakkam, Chennai. Tamil Nadu
Mobile - +91 9916788677
Phone - +91 044 - 4902 0000
Email: priya@rebi.in
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