Presently Indian builders are busy at organizing property shows in various parts of the world. At the peak of the global economy meltdown, property shows are the effective means of spreading mass awareness about the enticing discounts offered by the real estate companies working in India. Housing projects are almost completed but the real estate agents are not getting calls for further bookings. Almost all the real companies in different parts of the world have got affected by the recession. However, Mr Anuj Puri, managing director of Jones Lang LaSalle Meghraj, says that buying an Indian property at this volatile state of market would highly be profitable for buyers.
As reported by 99acres.com, in the last couple of months there is a rise in the number of NRIs asking for more information on the present state of Indian property. Mr Vineet K Singh, Business Head of this site states that the number of queries made by NRIs has increased by 15-20 per cent and it is yet to be found out how many of these queries gets converted into the real buyers. On the other hand, Parsvnath Developers suggest the other players in the real estate industry to offer only luxury housing quotes to NRIs as they have been living in a different lifestyle in abroad.
As reported by 99acres.com, in the last couple of months there is a rise in the number of NRIs asking for more information on the present state of Indian property. Mr Vineet K Singh, Business Head of this site states that the number of queries made by NRIs has increased by 15-20 per cent and it is yet to be found out how many of these queries gets converted into the real buyers. On the other hand, Parsvnath Developers suggest the other players in the real estate industry to offer only luxury housing quotes to NRIs as they have been living in a different lifestyle in abroad.
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