Realtors Eye NRIs for Indian Housing Projects

London: Presenting India as one of the few high-return real estate markets in the world, over three dozen property developers from the country have come here to attract UK-based NRIs to invest in housing projects back home.
These developers, which include real estate units of large conglomerates like Mahindras, L&T, Godrej and Adani group, would participate in a two-day home fair organised by housing finance major HDFC.
The other realty players participating in this fair, which would start here tomorrow, include Sobha Developers, Purvankara Projects, Ansal Properties, Unitech, 3C Company, Emmar MGF, Lodha Group and Hiranandani Constructions.
"There is nothing like owning a home - in your homeland," HDFC Managing Director Renu Sud Karnard said.
"Demand for residential housing has witnessed rapid growth through corporate expansion out of the major cities. Amenities such as shopping and recreational centres and even the infrastructure in these towns can surpass even the major cities. It's an opportune time for NRIs to invest in property in India," she added.

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