a Most Indians prefer buying
properties in London, Hong Kong, Spain and Malaysia.
a Individuals limit to remit
money overseas from US Dollar 50,000 per year to US D 2,00,000
After Reserve Bank of India (RBI) heightened individuals limit to remit
money overseas from US Dollar 50,000 per year to US D 2,00,000 more & more
high networth individuals (HNI) are looking to invest in properties overseas.
Independent property consultant, Knight Frank said,'' The queries have
gone up from 4 in 2011 to 20% per month.
Indian's are now among the top 10 buyers of residential real estate in central
London and occupied over 2% of such new properties in London in 2012.
Ms. Mona Jalota, head - International Project Marketing, Knight Frank
India also said, ''This is the best time to invest in an overseas property. The
slump in the market is special & investors should make use of such
opportunities & try and purchase a property in overseas market"
 |
| Mona Jalota head - International Project Marketing Knight Frank India |
According to Knight Frank, most Indians prefer buying properties in
London, Hong Kong, Spain and Malaysia.
Knight Frank -
Chennai
No.3, Gitex Building,
IIIrd Floor,
Khader Nawaz Khan
Road,
Chennai 600 006.
T +91 44 4296 9000
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