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Apr 27 2007

Advocacy of bloc investment in real estate

Published by tondon at 4:23 am under Uncategorized Edit This

In the times to come, the real estate India market may undergo some such changes, after which while the mode of marketing in this area will be changed, the investment in property will not be a profitable deal. Now trends of investment in property market were also discussed during the meeting of an investors club recently.
As told by the general secretary of the club as well as a renowned advisor of tax and investment, Mr. Subhas Lakhotia that with the increase of FDI volume, the concept of pre-launch will be a matter of past. Simultaneously, annual return of 24-36% by way of investment to buy property in India will also be reduced.
In his opinion it may be the reason that the real estate India market will be flooded with money and it will reduce the difference in demand and supply.
As per the views of Lakhotia, bloc investment in real estate India may be better in changed scenario. He suggested that the whole investors should gather at one platform and invest in real estate collectively. In his opinion, investment in bloc deal of land in tier-III cities only may be beneficial that too by imposing a three years lock-in period.

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