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

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...
 
Why you should rent a property for your family?
Published by Andy Wagon on February 15th 2012 | Real Estate
To determine which properties are good indeed quite difficult, especially when some properties are n...
 
Greater Noida property getting costlier
Published by Sanjay Kumar on August 1st 2012 | Real Estate
In the commercial category for IT/ITES properties, consumers can ought to shell out Rs 29515 per sq ...
 
 
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...
 
Some things to consider for first time property buyers
Published by Jeevan Nanthan on May 27th 2012 | Real Estate
All the points mentioned above if followed aptly can surely help in taking a wise decision while buy...
 
Know some facts before getting in contract for property buying
Published by John Mathews on July 20th 2012 | Real Estate
While you are looking to buy a home, there are certain things that you are to take into consideratio...
 
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...
 
The Roller Coaster Ride of Rental property Dubai
Published by Mark Castellino on December 1st 2011 | Real Estate
The best way to start up any business in Dubai is to find out the best location first then go for th...
 
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...
 
Real estate agents for your property needs
Published by Glyn Jones on June 4th 2012 | Real Estate
The estate agents can help find the right kind of properties that suits your specific requirements a...
 
Bienes raices en Aruba can provide the answers to all your worries related to your property
Published by Sothebysrealty Aruba on March 16th 2012 | Real Estate
The best way to find property in Aruba is to get hold of a real estate agent in Aruba for the best r...
 
Hire estate agents Marlow for smooth property deals
Published by Ricky Charles on January 4th 2012 | Real Estate
Many businesses have flourished and doomed but the real estate business has somehow managed to keep ...
 
How you can buy residential property on rent
Published by Glyn Jones on June 11th 2012 | Real Estate
Apartment buildings are more complex. Often, people are already living in the suites, and it simply ...
 
Lucrative Greek property for Sale
Published by Greekexchange on May 21st 2012 | Real Estate
Greece the name itself runs a smile on our face as it is the most preferred place for honeymooners a...
 
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 agent is helpful to find suitable property to invest
Published by Glyn Jones on January 13th 2012 | Real Estate
The estate agents can be very much helpful in finding the right kind of property or investing in the...
 
Looking to rent a house in Huddersfield? Head to Martin & Co for property rental in Huddersfield
Published by Ademholt on July 12th 2012 | Real Estate
Are you planning to rent a house in Huddersfield?
Get in Touch with the Martin & Co. Estate Agen...
 
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 ...
 
Buying a home Vs Renting a property
Published by Glyn Jones on December 30th 2011 | Real Estate
Buying or renting a property has their own merits and demerits. Where renting a property gives short...