Indian real estate is in an upswing due to globalization and relaxation of policies relating to Foreign Direct Investment. The continuous flow of foreign investments in the Indian real estate market make India one of the most attractive destinations for foreign investment with high yields of over 25-30% annually.
These high yield opportunities have lured some of the world’s biggest investment brands like the Blackstone Group, Morgan Stanley, Citigroup property investors and others to invest over US$ 8 billion and counting. Industry experts expect the Indian real estate market to reach US$ 60 Billion by 2010 of which US $25- 28 Billion is contributed by foreign investments.
Non Resident Indians can now buy properties without seeking an approval from the Foreign Investment Promotion Board (FIPB) and without any limit on the number of properties. The rental income earned can also be repatriated.
There has never been a better time for Non Resident Indians and Persons of Indian Origin to invest in real estate products in India. We have an impressive line up of professional advisors, legal and financial to help you make a safe and secure decision to invest in Aster properties in India.
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