September 2019 | Showcasing Indian Property

The Indian Property Fair Success Story

Posted September 16, 2019September 16, 2019 eventeclinic

The Indian Property Fair Success Story

By Evente Clinic

Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.

The success of Indian property Fair in Singapore on the 7th and 8th September was a sound testimonial to the above quote. The event took place at the Hilton Hotel at Orchard and was attended by the most influential HNIS of Singapore. In fact Evente Clinic has played an instrumental part in regaining the confidence of the NRI buyer in the South east Asian markets and Singapore is a home ground for them.

“Evente Clinic has played an instrumental part in regaining the confidence of the NRI buyer in the South east Asian markets and Singapore is a home ground for them.”

The Event featured reputed builders like L&T Realty, Godrej Properties, Birla Estates, Embassy, Hiranandani, Kalpataru, Conscient Group, ATS, M3M, WTC, Shapoorji Palonji , H&S and many more. Evente Clinic has created a successful marketing strategy that encompasses both traditional and non-traditional media to reach out and attract the right kind of investors for their exhibitions. The Event had a footfall of more that 220+ Nri’s and had 6 spot bookings in 2 days.

Mr Honeyy Katiyal, founder of Investor’s Clinic India, a formidable and well respected name in the Indian real estate was also present at the event. He inaugurated the event and candidly interacted with the NRI buyers trying to understand their mindset when it comes to investing in the present Indian real estate market.

The event also featured Knowledge sessions on Tax Implementation on NRI’s while buying real Estate, The laws pertaining to will making and a special feature on SMEs. These knowledge sessions were of particular interest to the visitors who visited the property fair.

Evente Clinic PTE, is an Event Company that specialises in doing Real Estate events. They have an intimate understanding of the property markets in Asia and want to present the best opportunities to our astute and savvy investors. Evente has a good understanding of their host cities, selecting the right investors to attend these exhibitions and curating the best projects to showcase. This combination has largely contributed in producing successful shows.

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Why invest in Bengaluru?

Posted September 16, 2019September 16, 2019 eventeclinic

Why invest in Bengaluru?

By Evente Clinic

The Indian real estate industry is changing with the demand of investors. The past few years have not been so good for the industry but as per experts, this is the best time to invest in the Indian real estate, especially after a stable government at the center. A lot of reforms and push by the government will be seen in coming months.

The numbers have already started improving and are expected to improve further. Bengaluru has emerged as a shining spot for real estate investors offering a sound return on investment and assured rental income. With the IT/ ITeS sector driving real estate demand, the city boasts of strong macroeconomic dynamics and stability.

” Bengaluru has emerged as a shining spot for real estate investors offering a sound return on investment and assured rental income.”

For investors looking for a stable market with a long-term horizon, Bengaluru provides many attractive options. Here are some of the reasons why one should be looking to invest in Bengaluru:

The real estate sector of Bengaluru is now quite flamboyant with the demand rising every month and as per experts this is the best time to invest as the prices are comparatively low and have just started to increase.

Considering the expansion and development of Bengaluru, the price appreciation of real estates in Bengaluru has not been at par with the cities like Delhi, NCR or Mumbai.

As the population increased with the birth of a considerable number of the middle-class segment, the affordable sector has gained momentum and many developers in this segment have popped up. Lot of investment options for middle class.

The launch of Namma Metro in Bengaluru is paving a way to a much-awaited boost in real estate investments. Convenience in public transport is extremely essential for Bengaluru, especially due to its high traffic problem. The improvement in transportation will cause the surrounding properties to be valued higher.

With an increase in the number of citizens on the lookout for housing units, the city’s real estate demand is witnessing a positive shift. Due to stable realty market conditions, steady price rates and the absence of drastic fluctuations – the market is seen as an ideal destination to invest in. International investors prefer investing in Bengaluru because the city paves the way for lucrative returns while investors gain favourable government policies.

Bengaluru has always been known as a haven for students, with several nationally ranked educational institutions in the city. This, coupled with ample job opportunities in the IT industry, has led to a steady demand for apartments for sale in Bengaluru; especially in the areas of Electronic City, Whitefield, the ORR corridor, and a few areas in North Bengaluru.

Some areas you should be looking to invest in are as below –

HSR Layout – For the third time in a row, HSR Layout has emerged as one of the top localities offering highest returns. Those planning to invest here will have to spend Rs 6,294 for every square foot, and could buy apartments in 91 ready-to-move-in and two under-construction projects here.

Whitefield Hope Farm Junction – One of the major IT hubs of Bengaluru, Whitefield Hope Farm Junction is emerging as a sought-after destination for those looking for residential property.

KR Puram – One of the oldest residential localities in Bengaluru, KR Puram lies in proximity to some of the important IT hubs and enjoys Metro connectivity.

Bellandur – Bellandur is known to be one of the prime property markets of Bengaluru with some high-end projects located here. With IT parks lying with 10-km radius, Bellandur is the choice of location for many working in the companies here.

Let us know if you are looking to invest in Bengaluru and our experienced sales manager will surely help you with best deals in the city.

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Women Investing in Real Estate

Posted September 16, 2019September 16, 2019 eventeclinic

Women Investing in Real Estate

By Evente Clinic

Over the years, the job of a man and a woman was divided. Among many things, investing in properties was always perceived as a male job. So much has changed in the Indian society in the past couple of decades, women investing in real estate is certainly one of the major changes we have seen as a society.

There are many factors which have brought about this change. The introduction of various schemes by the Indian government, such as secure co-borrowing facilities, preferential home loan schemes, Pradhan Mantri Awas Yojana (PMAY) and others, has encouraged first-time investors, particularly women.

“So much has changed in the Indian society in the past couple of decades, women investing in real estate is certainly one of the major changes we have seen as a society.”

According to a Track2Realty report, 32% of buyers across the country are single women, who are contributing to decision-making in about 74% of all real-estate purchases. Most of the investments by women are in cities like Bengaluru, Mumbai, and Hyderabad. Numbers like these have made the developers and lenders sit up and take notice of this segment and are wooing them with offers and incentives.

Also, according to the latest study by BankBazaar’s Moneymood, conducted in 2019, average home loans taken by men amount to Rs 22.97 lakh, i.e. 20 percent lesser than the female population’s aggregate home loan, i.e. Rs 27.57 lakh. These reports not only depict a positive property buying trend among women but also showcase their aspirations, responsibilities and success rates on the professional front.

Let us learn, why more women are investing in real estate now?

The change in perspective – Back in olden days, the house was mainly run by the male in the family. In today’s world, especially in urban areas, women are sharing the house responsibility neck to neck and therefore they actively participate in the property buying process and take equal financial responsibilities to see its fruition.

Reduced interest rates – Many banks are offering home loans with preferential interest rates to female investors. The slashed interest rates vary from 0.5 percent to 0.1 percent which comes down to huge savings when compared to the previous lending rates. Therefore the reduced lending rates have served as a massive impetus to several households who have availed joint home loans and named female members as the primary credit-holders to reap the benefits of discounted rates.

Stamp duty charges – Few states and union territories, like Haryana, Delhi, Punjab, and Rajasthan, allow female home buyers to avail up to 1 to 2 percent discount on the gross stamp duty charges which considerably reduces the total cost of the property.

Investment options – As already mentioned, the women in urban cities are earning as much as their male counterpart. The real estate seems to be the safest option when it comes to investment without risk along with good returns. The other investment options like – share market and mutual funds involves a lot of risk and Indian women are happier in safe and secured returns of a real estate investment.