Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Russian investors are drawn to Bangalore realty

By Prop Tiger Subscribe to RSS | June 5th 2012 | Views:
loading
 
  



Russian investors comprising property developers, business tycoons and high net worth individuals expressed interest in investing within the Bangalore real estate market , at the recently-held World Congress Meet of FIABCI in St. Petersburg. At this conference that attended by over 800 delegates comprising developers and investors, the city’s potential within the infrastructure, retail, integrated township and hospitality segments drew interest.

A group of investors from a couple of European countries are visiting Bangalore later this month to judge properties here. They're keenly curious about investments in commercial property in Bangalore, integrated developments and within the hospitality sector.

The investors are looking at encroaching into the domestic market through the FDI route with a special purpose vehicle (SPV) started to guide in the investments with a strategic partner here. India includes a tax treaty with Cyprus and therefore the Russian investors don’t have to be compelled to pay tax twice if they use this route.

Several Russian developers and investors have invested huge amounts of cash in Cyprus. These corporations are registered in Cyprus and obtain a tax vacation. This can be a large advantage for the Russian real estate corporations that works well for us too.

Later, at a gathering held at the Russian parliament house, Duma, Mr. Ivan Grachev, Minister of Energy, evinced interest within the city’s IT and property sectors. The minister enquired concerning the housing state of affairs in Bangalore and the way joint development property in Bangalore within the residential section work. He conjointly evinced interest within the public-private partnership model within the development of social housing.

The FIABCI meet was geared toward promoting investment opportunities in member countries. It brought along developers and investors to explore new vistas. Russian investors are pumping in millions of dollars within the property markets of Dubai, Paris and the New York. This meet helped push the city’s realty market. They were happy to notice that property in India, particularly Bangalore, yields over 9 % in rentals and grows by over twenty percent annually.

Investments from Russia can work well for the development business within the town. Also, realtors here will leverage the referral model to expand their business activity to foreign markets. Property investors across the country can have a lot of choices to park funds in too.

Integrated property hold potential with additional rising localities around the town gap up for development. Giant format commercial and residential property in Bangalore hold potential with additional business homes aiming to set shop within the town. The city’s skyline is expanding on all sides and there's scope for additional realty development particularly with the planned commercial belts around the town.

The connectivity with the extensions of the Metro Rail lines and planned development of arterial roads and highways, can mean giant land parcels gap up for industrial belts. This may open up a marketplace for the hospitality, retail and infrastructure sectors during a giant means. With town drawing additional entrepreneurs and a growing realty market, this can be the correct time for investors from abroad to plough funds in.

Prop Tiger - About Author:
PropTiger is an independent real estate advisor with a pan-India presence. We aspire to be your first port of call if you want to buy a property in Bangalore.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/real-estate-articles/russian-investors-are-drawn-to-bangalore-realty.htm

Related Real Estate Articles Subscribe to RSS

Bookings of residential property in Gr Noida is back on track
Published by Sanjay Kumar on July 20th 2012 | Real Estate
Apartment bookings in Greater Noida close to Delhi have resumed once authorities recently approved a...
 
What a property Valuation Report Shows Us
Published by Ariel Linford on April 18th 2012 | Real Estate
Property valuation report is the best and easiest way to get a perfect and accurate value of your pr...
 
Know about property management in Marlow
Published by Ricky Charles on January 4th 2012 | Real Estate
In most parts of the world, property rates are going up and people who have invested in property are...
 
How to choose a good property in Bangalore
Published by Andy Wagon on February 15th 2012 | Real Estate
If you currently want a property and were looking for, then there are many references that can be us...
 
Estate agents can help in investing in right property
Published by Margett Helms on May 5th 2012 | Real Estate
Estate agents play a key role in dealings of property. The majority of house sales in London are mad...
 
Mumbai property price is not expected to fall in near future
Published by Prop Tiger on July 18th 2012 | Real Estate
This normally happens throughout the end of quarter, as a result of some loans are falling due for r...
 
Rules when renting a property in Malaysia
Published by Jeevan Nanthan on June 10th 2012 | Real Estate
This document describes all the terms and conditions about the contract in detail. In case of violat...
 
Real Estate property in jaipur, Rajasthan
Published by Mohit Singh on May 29th 2012 | Real Estate
RealPropertyIQ has seen development in real estate but the real estate pundits proclaim by everythi...
 
Investing in property is what sound investors suggest
Published by Sophia Milller on December 13th 2011 | Real Estate
South Africa is one of the most developed countries in the entire continent of Africa. Does this mea...
 
 
Seeing the huge growth in commercial property in Bangalore
Published by Prop Tiger on June 14th 2012 | Real Estate
Bangalore has been thought of as an IT/ITeS hub, rightly thus because the major demand for commercia...
 
London property management firms are becoming increasingly important
Published by John M. Alcorn on January 25th 2012 | Real Estate
With rents rising across London, the idea of becoming a landlord or adding to an existing property p...
 
Three reasons why investment property repairs should be left to the professionals
Published by Ian Comnys on December 12th 2011 | Real Estate
Exchange licensee Ian Comyns shares a recent case which shows what can go wrong when landlords do th...
 
London property management services growing increasingly important
Published by John M. Alcorn on February 18th 2012 | Real Estate
Many landlords take property management for granted. But with rental prices at an all-time high and ...
 
Investment in Real Estate property in Gurgaon
Published by Pioneer Urban on June 18th 2012 | Real Estate
Real Estate these days has become one of the most dynamic areas of investing and buying. The real es...
 
Seeing the Huge Benefits in purchasing property in Greater Noida
Published by Sanjay Kumar on August 9th 2012 | Real Estate
The investment within the property will never move into vain as a result of the property rates withi...
 
Relying on the property solicitors is must and knowledge to be acquainted with
Published by Hemton Thomas on February 4th 2012 | Real Estate
The majority of people put their property on the market with property solicitors....
 
Buy residential property on rent
Published by Vicky Martin on June 18th 2012 | Real Estate
Never neglect tenant issues that are brought to your attention. This leads to dissatisfaction, late ...
 
Letting agents and property to let
Published by Glyn Jones on December 6th 2011 | Real Estate
With the estate agents investing in the real estate market becomes really very easy. This allows you...
 
Get a good office property in Gurgaon
Published by Atul Sharma on May 21st 2012 | Real Estate
The article is based on real estate property in Gurgaon. It talks about how you can get a good prope...