Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

Indian real estate market a safe bet, say consultants Cash invested in the Indian real estate market "is safe", a property consultancy firm has insisted.Affinity Solutions said putting money into property was one of the most secure ways of protecting against the global recession.People now have become "quite sceptical" over investing and dealing with shares, meaning real estate was now seen as safer, the company added.Affinity specialises in helping investors buy and sell in Indian cities like Noida, greater Noida and Gurgaon.Company director A K Jain said:"One of the important reasons why people choose to invest in real estate over stock markets is that real estate is tangible - you can touch it."The recent crash of the Indian stock market is also thought to be the main reason behind changed investor attitudes, the company added.Confidence in Indian property was further boosted this week by real estate advisers Investment Square, which unveiled two "

The booming real estate market in the country has prompted industry players to introduce a slew of innovative products to people willing to pay. From real estate developers to real estate fund managers, from banks to housing finance companies, it's a party time for all. But behind those euphoric times, some banks, with operations in India and outside, are offering innovative products to non-resident Indians (NRIs), which could turn tricky in case Indian real estate market falls into a trough, sources said. It involves the foreign and Indian operations of the same bank, the NRI and his friends, relatives and associates based in India. To start with, NRI, with the help of his friends and others, establishes an Indian company that could do business in the real estate sector. Now the bank in India gives some loan to the company to buy land in India. On the other hand, the NRI keeps a fixed deposit with the wealth management division or private banking arm of the same bank's oversea