Friday, August 23, 2013

Dollars Increasing Rupees Decreasing

Dilution of Government rupee against the dollar and the Reserve Bank even though depressed, but real estate business is expected to benefit.

Industry and commercial organizations voiced his hope in a survey by Assocham dispatched teams that led to the fall in rupee diaspora (NRI) will draw to an investment in Realty.

In the survey this year in 35 per cent of investment in Realty NRI expects his.

Aisochaim's Secretary General DS Rawat said that given the constantly falling against the dollar-rupee diaspora can increase investment in Realty.

Delhi, NCR, Chandigarh, Mumbai, Kolkata, Bangalore, Hyderabad, Ahmedabad, Pune, Dehradun and close to Chennai, the stipulation between the 1,250 real estate survey said that exchange rate due to better position the diaspora interested in Realty.

According to the report the diaspora to invest in Chennai, Mumbai, Ahmedabad and Dehra Dun become the most favorite destination compared to Bangalore. Delhi-NCR trend towards decreased.

According to survey investment in Realty in the India diaspora came from NR's capital foresee 20 to 30 per cent.

Australia, Britain, Canada, South Africa's diaspora has expressed interest to invest commercial buildings and property; demand is the highest.

Qatar, Oman, Bahrain, the Gulf countries Kuwait, Saudi Arabia and the United Arab Emirates about 50 million overseas Indians reside the $ 30 billion annually around India in the upcoming years. and are expected to rise.

Polled nearly 75 per cent of the real estate sector the stipulation stated that living abroad continue to fall in the rupee diaspora first priority buy property in India to return.