Real estate consultancy and brokerage firm “Investors Clinic”, with its offices in Dubai has claimed that it has witnessed almost 300% surge in queries from Dubai based Indian expats in the past couple of months. The number of enquires have gone up drastically from a mere 300 a month to 1000 now.
“The number of calls from Dubai to our call centres inquiring about possible investment options in India has gone up significantly in the past months and more so in the past few weeks. The euphoria of investing due to declined rupee is immense,” said Honey Katiyal, CEO- Investors Clinic.
“With rupee at 58+ levels, I think it’s a good opportunity for NRIs; they want to divert their funds towards investments in property. Rupee depreciation has made property investments cheaper by over 25% for NRIs over last 12 months. Though decision of buying property is not entirely related to exchange rate, it’s does provides a big boost for the sector. Investments in deferred and sub vention payment plans are a new trend in Indian Property Market. These plans require lower self investment and then the payments are deferred for over 24 to 36 months. These can significantly enhance ROIs of investors” said Nishant Singhal, Director Strategy and International Operations, Investors Clinic.
“The best cities to invest at the moment are the NCR and Bangalore as they have the maximum assured returns on investments.Our clients have earned ROIs of more than 24% over last two years on deals exclusively structured by Investors Clinic for their benefit. We are Real Estate Investment Advisors and Portfolio Managers providing cutting edge consultancy. We perform need analysis of clients and suggest best investment and end use options while guiding them through the decision making process. Delhi – NCR is seeing a lot of momentum and buyers interest, especially pockets in Gurgaon and Noida – Near F1 Track. Projects from Jaypee, Vatika, QVC, Spire, Supertech and Mantri Developers will be showcased at the upcoming Indian Property Show starting this week from 20th June.There are structured exclusive show only special deals for NRIs in Dubai from all the developers that we represent. These deals are in the form of deferred payment plans, preferred inventory and special discounts,” added Nishant.
