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Investment in Real Estate Sector

The Burj Khalifa's record as the world's tallest building is well known. Not so well known is its connection with India. Indians own the most number of apartments in the building, which has more than 160 stories and a height of over 828 metres. BR Shetty, an Indian industrialist based in the United Arab Emirates (UAE), paid United Arab Emirates dirham (AED) 45 million in 2005 to buy the entire 100th floor. BK Modi, a Singapore based businessman, Rizwan Sajan, chairman of real estate Danube Group.
A recent survey by Bayut.com, an online property portal, showed that the majority of Indians living in Dubai planned to buy an apartment rather than a villa or a townhouse. About 60.8% of Indians surveyed in the study said they have been looking to buy a house for the past three months. Of this lot, 82.86% said they are interested in buying apartments. Only 13.71% of Indians showed an interest in buying villas. The search for townhouses was limited to just 1.71% Indians.
#real_estate #investment #apartments #homes #multistory_apartments #investment_options
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Courtesy: Different Sources
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  1. Unknown30 March 2015 at 01:36

    Affordable Residential Properties in Delhi NCR- Real estate property market in Delhi NCR has witnessed multi-level growth in the previous few years. As per the sources in the industry, the upward graph has no sign of reaching down or even no chance of coming flat for next few years. Many activities that include residential property development, commercial real estate development, retail space development, etc have driven the Delhi NCR real estate market.

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