Download
1 / 5
50 likes | 58 Views
According to Dr Bellam Ravichandra views, India has an extensive emigrant population spread around the globe. Recently, the government has taken a host of efforts to reach out to the NRI population, which has showed result in stronger bonds between the expats & their country of origin.
E N D
BellamRavichandra Views - NRIs looking Towards Indian Real Estate Market
According to Dr BellamRavichandraviews, India has an extensive emigrant population spread around the globe. Recently, the government has taken a host of efforts to reach out to the NRI population, which has showed result in stronger bonds between the expats & their country of origin. RavichandraBellam shares his knowledge through his experiences in Real Estate marketing field. In the case of NRIs, Property purchase laws have been simplified which has resulted in their growing interest to invest in the Indian property market. From the growth in formalization and transparency in the sector, NRIs are drawing strength. In the past years, NRIs were cautious of investing in Real Estate due to the lack of formal structure and relevant loopholes. In recent times, the government has mountstar a host of judicious policies to harmonize the differences, enable hassle-free transactions and provide the safety framework to homebuyers. The government has not just conceptualized strong policies but also shown strong commitments towards enforcing guidelines and taking penal actions in case of non-adherence. This has given a major uplift to the buyers’ confidence and trust in the Indian as well as in the international market.
Dr RavichandraBellam Managing Director speculates the trends in Real Estate Market in India. Supportive efforts to uplift country-wide infrastructure, flow in liquidity and growing organization will continue to impact Indian Real Estate in a positive mode. The new Real Estate will be more organized and pinned on stronger structural reforms. This will definitely result in a rise in interest both from domestic as well as international quarters. It is estimated that after Modi 2.0, the private equity capital will double in the current financial year to USD 10 billion. NRI plans about the real estate investment in India is examined by BellamRavichandra BVL. The NRI confidence is at an all-time high despite the fact that the Indian property market has emerged from the prolonged slowdown recently. Eventhough when Indian property prices were at a historical peak a few years back, such a type of confidence was absent. If we take the past five years, the annual NRI investments have appreciated by around 74%.
The real estate trends in metro cities were analyzed by Dr BellamRavichandra. IT developed cities were also considered and examined by RavichandraBellam. IT-centric cities like Pune and Bangalore have come to the fore, as they are generating continuous investments from the NRI quarter itself. Total NRI investments into Pune in FY 20 are expected to reach USD 2.2 billion, growing by over 69% when compared to previous year. In the current quarter when compared to the quarter before the overall Real Estate environment in Pune is optimistic as transactions have jumped by 40%.
BellamRavichandra director has gone through the strategies in NRI markets. Indian developers and advisories are dynamically reaching out to the market and devising new strategies as the potential in the NRI markets is set to rise steadily. Professional Real estate organisations business strategies were closely examined by BellamRavichandra with the support of his wife Sasikala, Dr BellamRavichandraSasikala. BellamRavichandra views about investments in India Advisories are linking deals with local professional organizations to conduct events so as to reach out to the wider base and apprising effectively about how to make investments in India and take dynamic opportunities that are prevailing in the market. This base will continue to expand the sector for the NRIs and assist in more funding inflow from international frontiers.
