Create Wealth – Invest in Indian Real Estate

Upto 800% growth recorded between 2002 to 2012 in certain sectors!

By-Neha Kolape

A top level Real Estate delegation from India constituting of leading builders

like DLF, Sobha, Puravankara, Provident, Lodha, Marvel, Mukta, KG, MCC

and many more will be visiting Melbourne & Sydney in September 2015. The

Melbourne visit is slated on the 13th of September while the Sydney visit is

slated on the 20th of September.

This is an exciting news for NRIs & other Australians. It offers an opportunity

to people thinking of doing business & investing in India to directly interact

with the delegation &learn about the Indian economy in general & the Indian

real estate market in particular. The burgeoning Indian real estate market is one

of the biggest drivers of Indian economy.

The housing sector alone contributes 5-6 per cent to the country’s gross

domestic product (GDP). [Dept of Commerce,Govt of India – IBEF Trust]

The team is here to investigate strategic tie-ups in the Indian real estate sector

with appropriate business &industry channels. Also the focus will be to

introduce the NRIs to the current set of rules & regulations for investment in

India in the real estate sector. With the new Real Estate (Regulation and

Development) Bill introduced recently, the real estate market is set to march

towards becoming an organised sector providing the much needed operational

framework. It will go a long way to help improving investor confidence.

The delegation is here at the initiative & invitation of RRJ Estates in Australia

which is a premier agency dealing in Indian real estate. Says Nitin Singhal CEO

of RRJ Estates, “We are very excited to announce the forthcoming trip of the

real estate delegation from India. NRIs looking to buy property in India, can

now interact with the delegation here in Australia without having to go to India

or rely upon their friends & relatives. They will also be offering numerous

options in both commercial & residential space for investment by NRIs in

various cities of India.With growth rates of upto 800% recorded in certain

sectors between 2002 to 2012, the magic of Indian real estate cannot be

ignored.It gladdens my heart when we hear how our investor clients have made

significant capital gains by investing in India through our recommended

projects.”

“Our clients are investing in India for various reasons beyond capital gains.In

our existing client survey, we observed that 25% will invest for their close

relatives usually parents to give them an upgraded lifestyle. Other 15% invest

for their retirement & to maintain a connection with their roots. We actually

recommend clients in their middle age to plan for their retirement in India due

to the luxury of affordable manpower both for their care & mobility.”

“The delegation from India will be available for one to one interaction at what

we promise to be the biggest ‘Indian Property Extravaganza’ in Australian

history covering 2 cities on – 13th Sept in Melbourne & 20th Sept in

Sydney.”

Mr Singhal further adds, “NRIs do mention to me that the Indian market is

stagnant& are hesitant to invest there. But they need to understand that this is

the best time to invest when the market prices are at a low edge rather than

when the prices shoot up. Added attraction is the scenario where almost every

builder has come out with fabulous offers, schemes & discounts which they

would normally not offer in an upswing market. So it is an investors market

today.”

Without elaborating further on the fabulous offers, schemes & discounts, he

said “This is something we want our people to explore when visiting the ‘Indian

Property Show’. It varies from builder to builder & project to project. I can

promise is that it will be truly an informative &eye opener visit. A lot of myths

& misconceptions & generic fears about investing in India will be discussed.”

He especially encourages the NRIs to attend the 2 free informative seminars

which will talk about:

1. A guide to the policies & procedures regarding property investment in

India & how to avoid the pitfalls including insight into Capital Gains &

Taxation in India*&

2. How you can unlock your Super & invest in property in India.*

Please check with them for the timings of these seminars.

Talking on the RRJ Estates local infrastructure to service clients, he said “Our

dedicated & experienced sales teams are present in 3 cities of Australianamely

Sydney, Melbourne and Perth who are all focussed on ensuring that our clients

get the best investment opportunities according to their budget & best prices

through our NRI discount schemes. Our Australian offices are complimented by

our own liaison office & associate offices in India. Thus a whole network is at

your service.”

“Fabulous ‘exclusive to event’ promotional offers & discounts will be on the

agenda. Loads of prizes & give-aways will be announced including pure gold

coins drawn on an hourly basis. So do not miss out!“

Melbourne- 13th Sept(BayView Eden, 6 Queens Rd, Melbourne 3004)

Sydney- 20th Sept(Rydges Hotel, 116 -118, James Ruse Dr, Rosehill 2142)

9:30 AM to 6:00 PM For info: Nitin Singhal 0411 592 277 / Kulvinder

Bhatia 0430 834 506.