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80% UAE-based NRIs keen to buy property in India

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Abu Dhabi:  Almost 80 per cent of non-resident Indians (NRIs) in the United Arab Emirates (UAE) want to buy apartments in India, with Bengaluru and Mumbai being the most preferred choices, a survey has revealed.

The poll showed that 79 per cent of the buyers were interested in buying apartments as compared to plots, villas or commercial property in India, with 72 per cent planning to purchase the property in the next six months, Arabian Business online reported.

“Today, Bengaluru is a much sought after city with NRIs returning to India. Many are keen on making the city their home,” Sunil Jaiswal, president of Sumansa Exhibitions that conducted the research said.

“The city has evinced so much interest among NRIs of late that even those who have not had the occasion to visit the city have plunged into investments in real estate here. It is most popular among techies and skilled professionals,” Jaiswal added.

Following Bengaluru and Mumbai, NRI property investors also considered Chennai, Pune, Cochin, Delhi, Hyderabad, Navi Mumbai, Goa and Ahmedabad.

The survey showed that 67 per cent of buyers were in the age group of 31-50 years.

The UAE is home to around 2.6 million expatraie Indians, according to Indian embassy figures

 

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Megastar Amitabh Bachchan Considers Delhi As His Home

The 75-year-old cine icon, who has a Delhi residence called "Sopaan", wore a black pathani suit with a navy blue bandhgala

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Actor Amitabh Bachchan
Actor Amitabh Bachchan. ians

A huge crowd of fans — from every nook and corner of the city and NCR — waited for hours to catch a glimpse of megastar Amitabh Bachchan, who took to a stage at a south Delhi market on Friday with wife Jaya and daughter Shweta Bachchan.

The Bachchan family, minus Abhishek Bachchan and Aishwarya Rai Bachchan, was here for the launch of a Kalyan Jewellers showroom at the South Extension market.

A stage was set up facing the main road, where people came out in large numbers to watch Bollywood’s “Shahenshah” and hear him say some words. Whether it was Noida, Gurugram or even Saharanpur, people travelled from various places to make the most of the chance.

Amitabh Bachchan
Consider Delhi like my home, says Big B as fans cheer.

Overwhelmed by the turnout of fans, Big B told the crowd: “I thank everyone for coming here. You all have come out in great numbers. I consider Delhi like my home, and you all are family members to me.”

His words drew a loud cheer and applause from the audience members, some of whom waited for long, braving the heat. The buzz about the event had been made via newspaper ads and radio announcements.

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The 75-year-old cine icon, Amitabh Bachchan, who has a Delhi residence called “Sopaan”, wore a black pathani suit with a navy blue bandhgala, while Jaya looked elegant in a traditional Kasavu sari. Their daughter Shweta aced the fashion game in a bright yellow sari teamed with traditional polki jewellery. (IANS)

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