With a view to showcasing investment potential in India's real estate, Cento International Investments, U K based real estate consultants have organised 'Invest India Tour London 2008.'
Cento along with Baron Group International, a U K based property investment company and E 18, the marketing division of Network 18 have organised this tour which they say will provide a platform for real estate developers from India to interact with foreign investors and help promote the country as a lucrative investment hub.
The United Kingdom (UK) with a population of 15 million has an untapped market of investors for the real estate in India, Baron Group MD Nayan Bavishi said.
"There are a number of road shows that happen with developers from India going to the U K. But these roadshows are limited to targeting NRIs who are 2. 5 million in number in U K, which has a population of 15 million," Bavishi said.
"These investors from U K have already invested in markets like Spain, Portugal, Carribean and Dubai and are looking at India as a potential for investment.
But they are skeptical of doing so because they do not have knowledge of the market in the country," Bavishi said adding that these "investors need someone who has the whole chain covered for them."
Source:
http://www.hindu.com/thehindu/holnus/001200808062071.htm
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