Why NRI Prefer Real Estate Investment in Kerala28 Nov 2014, Posted by Uncategorized in
Kerala Real estate market was not doing very good few years back and NRIs had lost faith in the market. The market remained stagnant for quite some time. However, now the market is rising to its glory and is attracting investments from NRIs. According to the speculations, the property investment market is expected to grow significantly. NRIs hope that the new government in India will ensure an investment friendly market and policies favoring the NRI investors. Real estate investment definitely appears promising to many investors and the positive change has prompted NRIs to explore the different investment options in Indian, especially in Kerala.
More than 2 million Keralites are working in different parts of the world and their contributions to regain the past glory of the real estate market is noteworthy. Kerala is now a buzzing spot for property investments and NRIs are getting ready to use this opportunity. Trivandrum, Trissur and Calicut are developing at a swift pace and investing in commercial properties in these locations is certainly a wise idea. Whether you are looking to invest in commercial complexes or residential properties, Calicut is a best choice. Calicut Real Estate has attracted NRIs living in the Middle East, the US, Singapore, Australia, UK and Canada.
The city is witnessing a rapid growth with the development of good transport infrastructure and investment friendly policies. Towering apartments, shopping malls and IT parks are changing the face of Calicut. Builders in Calicut are developing architectural marvels in the city and are looking investors. NRIs seek real estate agencies or local representatives to help them find the right apartments and properties. When they find suitable Apartments in Calicut or Property for Sale in Calicut, they inform the investors. With the support from local representatives and financial advisors, NRIs can avoid frequent trips to Calicut. To get tax related advice and legal tips, they hire legal advisors. Calicut is now a preferred investment hub for NRIs.