Over the years, British citizens of Indian origin as also Indian expatriates in the U.K. have seen Indian real estate make a really good investment option, with some good returns on investment. “The exhibition aims to cater to the ever-increasing demand of Indian real estate from Non-Resident Indians,” says Pravin Doshi, President, MCHI.
“Undoubtedly, the 'returns on investment' (ROI) potential of Indian real estate is far better as compared to other similar options available to British citizen of Indian origin or an Indian expatriate in the U.K.,” adds the MCHI President.
In terms of product offerings in the Indian real estate market, you will find intelligently planned compact homes that offer great value for money. These are at prices that considered more reasonable, realistic and 'in sync' with the current market scenario. Very simply, this makes the idea of buying a home in India right now ever so attractive, says Doshi. “The offerings will include what is a new category for Indian residential real estate - affordable budget homes. These product offerings have been welcomed by resident Indian buyers, we found this category was very attractive to NRI buyers in the U.A.E. at last month's real estate exhibition held in Dubai. We have been getting queries from British citizens of Indian origin and Indian expatriates in the U.K. about this segment of residential real estate, so it makes sense to have this offering showcased at the 'India Realty Expo 2009' in London,” adds MCHI President Pravin Doshi.

“It is not just residential real estate, but also commercial and retail investment options that will be on offer at the 'India Realty Expo 2009' in London, says the MCHI President. Iin keeping with the 'realistic offerings' set-up, the exhibition will focus on ready-topossess homes, valued in the INR 70 lakh range. MCHI has found out through market research that a large chunk of British citizens of Indian origin or Indian expatriates in the U.K., in the present scenario, would prefer to buy residential real estate which would either be ready possession or due for possession in the next few months. “It doesn't mean that off-plan investments won't happen, on the contrary we expect many visitors to the 'India Realty Expo 2009' in London, to opt for off-plan investments, given the huge jump in values that these offer by the time the project is ready for possession,” he adds.

Talking about the London show, Zubin Mehta, CEO, MCHI, stated, “All the economic indicators project a bright, sustainable future for India,” he explained. “This is reflected in the enquiries that are being received by Indian developers from the U.K.” Mehta says the biggest motivating factor for NRIs to buy Indian real estate will be the political stability that follows the second term of Dr Manmohan Singh as the Indian Prime Minister.

“Prices have corrected to reasonable levels over the last year and half, this makes it a win-win scenario for those who enter the Indian real estate market now onwards, as they will get good returns. Even those who had invested during the boom times will see a steady recovery and growth in their investments – albeit over the next few years.

Apart from Mumbai, the 'India Realty Expo 2009' in London will also offer real estate offerings from Pune, Bangalore and Goa, adds Mehta. For investors, twin returns would include rental yields as also capital appreciation, with the potential to deliver returns on investments that would be just too good for a British citizen of Indian origin or an Indian expatriate in the U.K. to miss, concludes the MCHI CEO.