Not just an Indian summer for investors

Released on: May 8, 2008, 8:58 am

Press Release Author: Assetz

Industry: Real Estate

Press Release Summary: When it comes to investing in property overseas, a number of
emerging markets have caught the eye in recent years. Some have been eastern
European markets, which some have embraced while others have said are subject to
deep uncertainty.

Press Release Body: When it comes to investing in property overseas, a number of
emerging markets have caught the eye in recent years. Some have been eastern
European markets, which some have embraced while others have said are subject to
deep uncertainty. Others have looked at the booming small island destinations such
as Cyprus and Cape Verde, where sunshine tourism has been a major growth driver, not
least in the latter case as new airports and new services to them have emerged.

India, of course, is of a different order altogether. Up to a point, it could be
said to be a known quantity, given its historical links with Britain and the
advantage of being the largest democracy in the world (one which may prompt
ethically-minded investors to prefer it to China). But it is not so much what is
historically or culturally true about India as the excitement of where this vast
country and its economy is going that can interest property buyers.

The levels of economic growth are well-enough known. Property site
in2perspective.com noted today that the latest Sunday Times and Forbes rich lists
were dotted with an increasing number of super-rich Indians. Lakshmi Mittal, who
these days resides in Britain, is the best known and the richest, but the website
also notes that the Forbes rich list includes four Indians in the top ten and 53
billionaires overall, third behind the USA and Russia. Forbes added the prediction
that India will top the billionaires poll in 2017.

In all this the point being made is that India is growing fast. Such growth can mean
a Indian commercial property boom, but also a residential one, not just in top-end
luxury pads for the nouveau riche but also the growing middle class.

Confidence in India\'s real estate market is such that RREEF, Deutsche Bank\'s
alternative investment manager, has revealed plans to invest over 1$ billion (501
million) into real estate and infrastructure, the latter being the means of
supporting the former as growth requires more in the way of transport links and
power. \"We think India will be an attractive emerging real estate and infrastructure
market for our clients,\'\' Kurt Roeloffs, RREEF\'s regional chief executive told
Bloomberg today.

RREEF has acted fast, for already it has tied up a $400 million mixed-use scheme in
Hyderabad, Property Week reports.

While such investment is necessarily a sign of big business involvement, it is also
the kind of thing which promises to keep the Indian economy booming. For smaller
investors, the key is to watch how property prices are going, not least in cities
where new business investment and infrastructure advancement is taking place. There
could be rich pickings to be had in India for longer than just a summer.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site: http://india.assetz.co.uk/

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire

zip:SK7 5DA

ph:0845 400 7000

fax:0845 400 6010

email:linkexchangeseo@gmail.com

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