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Monday 17 September 2012

Singapore is new hub for Indian Realtors

Indian realtors put their best efforts to woo Singaporeans in a two-day India property expo in Singapore.

“The appreciation of the Singapore dollar, the Comprehensive Economic Cooperation Agreement and the RBI’s liberalised policies are all progressive steps for expats, NRIs and Singaporeans to invest in India’s booming real estate market. The reputation of the realtors and the variety of properties available make it a reliable and convenient investment opportunity for the Indian expats and Singaporeans alike,” R. Dhinakaran, nominated Member of Parliament and vice-president, Institute of Certified Public Accountants of Singapore, said on Saturday at inaugural function.

The expo is getting a good response as Indians in Singapore feel that it is like a serving in a silver platter, where all our realty needs from low to high-range properties in varied locations are available under one roof.   

“The value of the Singapore dollar is in our favour, and investment in India definitely looks lucrative,” said Modi, another expat.

“We are expecting both sales and brand awareness of our real-estate projects. Expats are looking for properties as an investment, and to buy a home back in India. Though a larger part of the sales in Singapore happens for the Chennai properties, other cities like Gurgaon, Mumbai, Noida and Bangalore are not far behind,” explained Vinoth Kumar, a realtor from Prop Tiger.

The show is supported by CREDAI NAREDCO, Banking partners ICICI Bank and HDFC Home Loans, Radio partner Radio Masti 96.3 FM. The event manager is I Ads Events Pte Ltd. Source : The Hindu


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