danyboy started this topic @ 12:51 on 05/12/2006
Hi Everyone,
I'm Daniel based in India in Chennai, I'm in to this forum to help people from European countries and foreign nationals to buy a property in India. I'm in the real estate business for the past 35 years it was run by my dad with in the country and i've joined him and concentrating on overseas properties. Now the best thing about the service i offer is i not only sell the property i also provide Errand Service if a foriegn national is going to stay in India. I'm at the moment concentrating in selling properties in Chennai and Tamilnadu which is ofcourse a beautiful place to stay.I also help the foreigners to let their property out if they want and get them some return on Investments if they don't intend to stay. I have a lot of facilities attached to my property buying services. You can rest assured that you are doing honest business with me. I'm in the process of setting up my own website which will be out in the Newyear. If any one interested to hear more can contact me through email at danielusah@yahoo.com.
This is very usefull to people who come to India on regular trips, either for business, holidays, long term stay, Short term stay, and hospital visits, tours, and so on.
Foriegn National buying land in India is Prohibited to be honest, however they can buy property and let them out for business purposes and so on. Now this will be small investment and ROI will be assured in 1 to 2 years.
Hope to hear from you
Many Thanks
Daniel
RE: Is Property Investment on top of your head
Sherbert | 05/12/2006 02:09 PM
Hi Daniel,
it sounds like you are on to a good thing there. Good luck with it. Perhaps you can let us all know what sort of money we are talking about to invest and are you talking about new builds or property in general. Can you put a ball park percentage on the ROI for us? Certainly business in India is getting a lot of positive press recently and looks like a great place to invest. I for one would want to have assurances of envronmental care and fair wages prior to investment. I guess all this will be on your website but it would be good to hear it now.
RE: RE: Is Property Investment on top of your head
danyboy | 05/12/2006 02:40 PM
Hi Sherbert,
Thanks for the interest....
Answering your questions Sherbert...
What sort of investment?
It really depends on what you want to invest, I need to be honest that a foreigner cannot invest in buying immovable property in India for example Land or Plots, however he can buy a property which can also be let out to get the returns they invest. Investment can be anywhere from 15,000 pounds to a million and the ROI depends on the amount of investment and the duration involved.
ROI : For an investment of 15,000 you can get it doubled in 2 years time depending on the area in India and are you looking to buy the property and sell it off after 2 years to double or trebble the investment made initially. People who just want to invest and let it out can earn their ROI in 3 years depending on what type or lettings we offer on that property.
Extra services that can be offered after selling the property is when the foreigner decides to come and stay in his holiday home for 3 months, i can provide him with Errand Services, taking care of their needs coz they will be new to the place.
Also will be able to access all areas of interest easily in and around India with my help.
I can also arrange for insurance on the property. Will look at rendering all services that can be of use to our customers.
Any more doubts Sherbert i'll be glad to help you out.
Cheers
Daniel
RE: Is Property Investment on top of your head
Sherbert | 05/12/2006 04:28 PM
Thanks for that Danny.
Does it have to be investment as an individual or can a UK Limited company make investments in property? Also are you looking for investors in large projects like Hotels. Can you post some links about investing in India.
Thanks