Indian investments in foreign real estate, especially in Europe and UAE, surge due to Golden Visa schemes and high rental yields of over 7%.
The Property Expo 2013 in Dubai will connect Indian developers with NRI investors. Showcasing properties from across India, this event creates a valuable platform amidst a booming real estate sector.
Indiabulls Real Estate Ltd. is opening its first overseas office in the UAE to assist UAE NRIs in property investment. The company plans expansion to Qatar, Saudi Arabia, and Bahrain.
A survey indicates that 89% of UAE-based NRIs invest in real estate in India, driven by factors like rupee depreciation and high return expectations from premium properties.
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Real estate developers in Mumbai plan to target NRI buyers in the UAE to boost sales. Rupee depreciation and declining prices are seen as potential advantages for buyers.
Berggruen Holdings plans to invest over Rs 1,000 crore in India by 2012 to establish 3- and 4-star hotels. The company has secured funding from IDFC and is exploring additional funding options.
Sahara India Group, valued at over $50 billion, explores UAE projects in various sectors, including real estate, media, and tourism, seeking investment opportunities.
Majid Al Futtaim is exploring opportunities in India's real estate sector, aiming to partner locally for shopping malls and residential projects within the next two years.
BSEL Infrastructure Realty to invest ₹18,000 crore in Malaysian properties over 12 years. The project will cover 70 million sq ft and is expected to yield 35-40% returns.