LET'S CONNECT
September 2015
EDITOR Menka Shivdasani menkaipieditorial@gmail.com EDITORIAL The Source CONTRIBUTORS Archana Sinha Shilpa Vyas Raina Assainar
TAKE A LONG-TERM VIEW
F
or most Indians in the United Arab Emirates, July and August are very special times; this is when they reinforce their connections back home, visiting their families during the vacations and often, building on their assets by investing in Indian property. This August, however, was particularly heartwarming. Indians in the UAE had the opportunity to connect with Prime Minister Narendra Modi when he visited Dubai and Masdar to highlight India's attractiveness as an invesment destination. The partnership between the countries has already taken shape in the form of UAE-India Infrastructure Investment Fund, with the aim of reaching a target of USD 75 billion. India Property Insider has always believed that investing in India is a very worthwhile proposition, not only at the government level, but also in the personal sphere. For a non-resident Indian, real estate is a major investment avenue; it makes sense in terms of
MENKA SHIVDASANI Editor
monetary gains over the long term, and strengthens the emotional bonds back home, in addition to providing a safe haven for the post-retirement years. With the real estate market gaining maturity in India, such investments have become even more relevant for NRI home buyers. Two decades ago it was a seller's market and you took what the builder was willing to give you. Today, thanks to the wisdom gained from two business cycles in the post-liberalisation era, developers have recognised that they must give customers what they want — a world-class product in an honest and efficient marketplace. The Indian real estate sector is gaining transparency, and will continue to do so. The Prime Minister's vision for India is backed by a strong will to see India transformed, and while there may be some hiccups on the way, there is no doubt the country is well on its way towards this metamorphosis. The sooner you invest in a changing India, the greater your gains will be. Take a long-term view and invest now.
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