rakesh

I still doubt whether Ghazibad is well versed with amenities, infrastructure and good law & order. Being far away from India, I manage to listen news about happenings in India and Ghaziabad still lacks the infrastructure and the crime in the city has not stopped itself from mushrooming.....in fact city like Gurgaon is also not prepared to bear the load of so much influx of offices, malls, etc.

alex

I am located in USA and very much interested in investing in India more than buying a property but when an investment in the form of an immovable property..whats the return??I need to be clear whether Indian government's norms allow me to take back the whole return from my investment??

thanks if anyone can help me out here..
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Pinnacle

There has never been a better time for NRI's to buy realty in india, than now
Not only have construction standards up the ante, bigger complexes and layouts today give the same ambience and lifestyle homes that most of the developed countries worldwide.

And if you look at the fundamentals ruling the realty market, India is an emerging blue chip if we can choose to call it so.
There is a huge land bank today which can sustain progressive and planned development in the next 10 - 12 years, though most of it is in the extended suburbs in the big cities and also in the heart of Tier 2 and Tier 3 cities.

The best bet for NRI's would be to buy residential and commercial office spaces if they are looking for a long term perspective. If you have the time and the means to monitor your assets, land accquistions and retail space can be your option, though they are high risk and high returns portfolio.

It would help if you have a diligent Realtor who can act as your portfolio manager and advice you on your long term strategies. Also be sure to include a Chartered Accountant and Lawyer on your realty team, if you are looking at long term investments and want to play it safe. The fees you pay them would not only ensure the safety of your investments, but also sometimes provide you with the timely exit options.

rohit_manchanda

Thanks friend for the inviting piece of advise.
But please can you make it clear what you mean by
As I'm planning for investment in India, I hope you can help me with this.

Thanks
Rohit

Pinnacle

In India, land legislations are not fool proof and many land deals are mired in title litigations. Land deals are best left to the builders who are well versed with the legalities. Also compounding the problem is the issue of land grabbing and adverse possesion by unauthorised people. So its very essential that you have someone to monitor your land asset if you happen to invest in one.

In retail property, rates fluctuate a lot and you need to be tuned in to the pulse of the market to ensure that you get the best returns on your investment

The safest bet for NRI's are Residential properties.
Apartments booked at the initial stage can give good capital appreciation and there after a steady rental income once the apartment is ready and rented out

Research over last 7 yrs prices showed that average capital appreciation rates have been in the range of 20-25%

DO your homework well before you put in your hard earned dollars, euros n pounds
Happy Investing
Ram