Posted on: 24 September, 2014
Home is where one starts from. May be that is why most of the well established NRIs choose to come back and get one home here in the motherland. And according to recent research conducted by Associated Chamber of Commerce and Industry, Bangalore – the garden city or recently known as Silicon Valley of India, for fastest IT development – has been evolved as the most preferred property investment destination in India. The real estate developers in India are expecting, a growth of more than 35%, in the enquiry flow from NRIs, than last year. The major reason for this increasing demand for properties in Banglore city is the boom in IT industry. IT industries along with the best developed infrastructure of the city can provide tangible job opportunities and luxurious lifestyle, that is most cherished by the NRIs. One of the reasons, why Banglore is considered as the fastest growing cosmopolitan city in India!
Coming home doesn’t remains the only scenario though, as some of the techies are keen to deploy their money in the real estate market in India, for getting better appreciation rate in long run.
We have been observing three types of NRI investors recently- Low, Medium and High income groups. And all the leading real estate developers are keen on developing exclusive property options that can best serve the needs and expectations of all three groups.
High end property is observed to be the very first priority for NRIs trying to invest, as they can get quite handsome monthly returns on them. Also If and when they want to be home, there is one waiting for them! Real Estate Banglore offers those many feasible options, that suite their requirements. The residential projects developing all over Banglore are now trying to add that extra bit of comfort along with other basic amenities. As they know NRIs can afford and will prefer that high quality of lifestyle with quite an ease.
Come join the group of smart investors, become part of real estate Banglore!
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