Overseas Property Investment

The most recent indian property investment news from a variety of international property news sources.

The supply of high-value flats in the city will outstrip demand from March. At present, there is an approximate supply of a million sq ft for the top-end residential market in the metropolis
High-value flats, starting with a price tag of Rs5 crore (for a luxurious two, three or four bedroom, hall and kitchen) had vanished [...]

The hike in cash reserve ratio (part of deposits that banks have to park with the RBI) will signal the end of special home (also called teaser home loan rates) and auto loan rates. It is also expected to jack up borrowing costs for companies.
“These rates will come to an end by march,” said MV [...]

NEW DELHI: Singapore-based hospitality firm Alila Hotels and Resorts on Thursday said it will expand its portfolio in India to four properties by end of 2011 and is scouting for local partners to open more hotels.
The company, which ventured into the Indian market last December with the first hotel in Goa, also said that India, [...]

The Pune’s boundaries are growing in all directions. Adding another totally new dimension to the city is the rush of integrated townships into Pune.
The city is ready to reap a rich harvest for those having the capacity to invest and develop large tracts of land and put in the physical and social infrastructure.
This is what [...]

Most Non-Resident Indians think a lot before investing in property in India and most of the time put off the plan due to the effort, the research and the planning involved.
In some instances, it is put off as they do not have enough funds. For such individuals there is always the NRI home loan.
The Reserve [...]

Developers resume work on big-ticket projects after West Bengal agrees to provide incentives
Kolkata: Real estate developers are reviving big-ticket projects in Kolkata after securing a commitment from the West Bengal government that “some kind of incentive” would be offered to help them emerge from the downturn. The projects had been halted for at least 18 [...]

A city-based builder is all set to promote Chennai’s costliest apartment project, where each flat will be priced at Rs 8 crore and have a foyer studded with diamonds, precious stones and pearls. Christened ‘The Art’, the project derives its theme from the cubist paintings of the legendary Pablo Picasso. A limited-edition super luxury residential [...]

Emaar MGF, a joint venture between Emaar of Dubai and MGF of India and a leading real estate development company, expanded its presence in Chennai with the launch of The Avenues on Tuesday. Wilson Mathews, Head, Sales (South), Emaar MGF, said ‘The Avenues’ was part of Esplanade, one of the largest residential projects (14 acres) [...]

CHENNAI: Indians spent almost RM500 million over the last seven years purchasing properties in Malaysia, making them the fourth biggest property buyers in Malaysia.
International Trade and Industry Minister Datuk Mustapa Mohamed said after Singapore, United Kingdom and South Korea, cash-rich Indians have emerged as major investors in Malaysia’s property sector.
“India is now the fourth highest [...]

Townships as a fully evolved and implemented concept are still a rarity in India. Apart from the Hiranandani project in Powai, Mumbai and Magarapatta City in Pune, there have been no instances of full-fledged townships being launched in the formal configuration. While it is true that seven real estate groups have come together for developing [...]