Super rich Indians
are seen very interested to invest heavily in the realty sector, according to
Knight Franks research report. According to real estate experts and investment analysts,
“investment in the property sector is really a lucrative option for upcoming
investors. Where the global average is only 24%, it is 44% in all over the
country. Several wealthy Indians hold a large proportion of their capital in
the realty sector as there is a factual certainty that the price will never
fall down, said by Director of Metis family office services. He also pointed
out property has been used properly as collateral in securing home loans and
making it as wise investment.
There are regional
alterations as well in the pattern of property investments, the south topping
with 80% when compared to 60% in the east and 40% in the western regions.
Statistics estimates that wealthy NRI’s own 20% of luxury house and property in
the nation. Although real estate investment is more than a trend for previous
few years, the real estate industry has been in a slump that is possibly
expected to turn around soon. Knight Frank witnesses that nearly two thirds of
the rich Indians want to increase their real estate investment in 2014 year.
However, there is no ideal investment said by CEO of Arth Veda Fund Management.
He observed that the proportion of property favorites depends on several
factors including the wealth level, the time plans to hold the property and
hope for good returns on property investment.
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