Indian Real Estate becomes attractive for Foreign Investors after 5 years

Indian real estate market has become increasingly attractive for foreign investors after almost 5 years, as indicated by India-specific fundraisings.

Talking about the improvement in foreign investors’ confidence in real estate market, Shobit Agarwal, Managing Director of Capital Markets at JLL India, said “During the pre-GFC (global financial crisis) phase, 82% of funds got raised in US dollar. This reduced to 57% in post-GFC phase when micro-market understanding was required more than banking on the macro-economy. Interestingly, the contribution, 2014-onwards, has increased considerably to 70% – hinting that the positivity is here to stay for some time.” Read More at http://shopsandhomes.com/blog/index.php/2016/02/indian-real-estate-becomes-attractive-for-foreign-investors-after-5-years/

Godrej Properties’ first project in Noida

Although Godrej Properties has already developed six projects in the National Capital Region (NCR), this is the first time it is entering the Noida real estate market. The company will be developing a group housing project within Lotus Greens Sports City in Sector 150, it said in a statement. Read More at http://shopsandhomes.com/blog/index.php/2016/01/godrej-properties-first-project-in-noida/

Feels Like Home, says Parineeti Chopra

Sometimes even Bollywood stars considered it as an achievement to own a house in Mumbai due to increasing price of properties in real estate market of Mumbai.

These days two Bollywood actresses; Sunny Leone and Parineeti Chopra are in news due to the same reason. According to reports, recently, Parineeti Chopra moved into the sprawling home, which is located at the Bandra (W), whereas; Sunny Leone has rented an apartment in Juhu, while stating that currently she has no plan to buy apartment in Mumbai. Read More at http://shopsandhomes.com/blog/index.php/2016/01/feels-like-home-says-parineeti-chopra/