Mumbai the city of dreams has attracted the attention of many and captured the hearts of several NRI’s in UAE to invest in the real estate sector of Mumbai. The Bollywood city has emerged to be one of the top cities in terms of real estate and property investment.
Mumbai has maintained the trend of being at the top preference of the NRI’s. The percentage of NRI’s preferring to invest in the real estate of Mumbai is near about 31.86 percent the data has been sourced out from the organizers of the Indian Property Show in Dubai.
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Bangalore the IT Hub ranks second in the list with the estimated investments raging up to 24.53 percent. This figure deals with the investments made only in the residential property buying in the passing months. The third position is backed by Pune and Chennai together with almost same percentage of people planning to invest in the residential property in and around these places.
The Nation’s capital holds the fourth position. Flowing the list are cities like Navi Mumbai, Gurgaon, Cochin and Hyderabad.
Bangalore’s real estate and property market bounced back into the trend to compete with other metro cities with various new projects launched as per the demand followed and also such undertakings came up at a very reasonable price. As per the speculation done by the experts it is believed that the residential segment of the real estate will definitely prove to be a good bet in the year of 2014.
Bangalore which is known as the IT Hub is also the third-largest real estate investment Hub and the credibility goes to the High Net worth Individuals who cater to the maximum amount of investments in the real estate sector. Also the Non Resident Indians who are planning to settle down in India account to the high level of investment made under the residential sector in the real estate industry.
Bangalore’s luxury sector is also one of the booming sectors in the real estate industry in comparison to Mumbai and Delhi. The total population HNI’s amount up to 10,000 which in totality is the third highest in the country. The survey reports also revealed that around 31 percent of the HNI’s are willing to invest 76 lacks and above whereas nearly 53 percent of them can at least afford an investment of about 30 to 75 lacks.
The survey also builds a clear picture of the residential apartments to be the all-time favorite making 77 percent of potential investment, and people interested in buying one for them. This data shows the preference for residential housing over villas and commercial property. It is also speculated that around 72 percent of the buyers are targeted to make instant purchases in the next 6 months. Thus, the NRI’s from UAE are really keen on investing in the residential real estate of India in metro cities like Mumbai and Bangalore respectively.
Mumbai has maintained the trend of being at the top preference of the NRI’s. The percentage of NRI’s preferring to invest in the real estate of Mumbai is near about 31.86 percent the data has been sourced out from the organizers of the Indian Property Show in Dubai.
Bangalore the IT Hub ranks second in the list with the estimated investments raging up to 24.53 percent. This figure deals with the investments made only in the residential property buying in the passing months. The third position is backed by Pune and Chennai together with almost same percentage of people planning to invest in the residential property in and around these places.
The Nation’s capital holds the fourth position. Flowing the list are cities like Navi Mumbai, Gurgaon, Cochin and Hyderabad.
Bangalore’s real estate and property market bounced back into the trend to compete with other metro cities with various new projects launched as per the demand followed and also such undertakings came up at a very reasonable price. As per the speculation done by the experts it is believed that the residential segment of the real estate will definitely prove to be a good bet in the year of 2014.
Bangalore which is known as the IT Hub is also the third-largest real estate investment Hub and the credibility goes to the High Net worth Individuals who cater to the maximum amount of investments in the real estate sector. Also the Non Resident Indians who are planning to settle down in India account to the high level of investment made under the residential sector in the real estate industry.
Bangalore’s luxury sector is also one of the booming sectors in the real estate industry in comparison to Mumbai and Delhi. The total population HNI’s amount up to 10,000 which in totality is the third highest in the country. The survey reports also revealed that around 31 percent of the HNI’s are willing to invest 76 lacks and above whereas nearly 53 percent of them can at least afford an investment of about 30 to 75 lacks.
The survey also builds a clear picture of the residential apartments to be the all-time favorite making 77 percent of potential investment, and people interested in buying one for them. This data shows the preference for residential housing over villas and commercial property. It is also speculated that around 72 percent of the buyers are targeted to make instant purchases in the next 6 months. Thus, the NRI’s from UAE are really keen on investing in the residential real estate of India in metro cities like Mumbai and Bangalore respectively.
NRI‘s want secured location to invest in real estate firm if they would have search means Bangalore is no 1 spot because they will find many investors friendly factors and atmosphere.
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