In Bangalore especially then there is the potential for massive growth. Asia is becoming the world's economical centre, as well as the beginning to overtake the U.S. in technological advances, new inventions for the digital age and other intellectual aspects. As this transition continues to take place, India's Silicon Valley could well overtake prices in America's Silicon Valley, which would mean at least 300% growth for buyers there in the next 5-10 years. Rental yields in Bangalore are also higher than elsewhere in India because the rental laws are more relaxed.
Rudrapur is another town in India that shows a lot of potential; benefiting from its proximity to one of India's largest Special Economic Zones. Rudrapur too has relaxed rental laws which bode well for high rental yields. Again like Bangalore, Rudrapur is already gearing up to become one of India's great economic, industrial, financial and trade hubs. This brings the potential to earn high yield residential lets from imported executives coming to work in the new branches of global corporations.
Again like Bangalore, much of Rudrapur's growth potential lies in its property prices still being comparatively low to Mumbai and Delhi, whereas you can still use the two giants as effective guides for how the economy in the area will grow as industry develops. Take David Stanley Redfern's Mountain View development in Rudrapur: studio apartments in a high-class development in the centre of a major commercial district for under £25000. Ideally located only 2.4 kilometres from the SEZ, on a new 45 meter wide bypass, Mountain View has strong potential for high-yield residential lets, from the plant managers, being just 5 minutes from their place of work.
Find out more about Off Plan Property and Emerging Property Markets.
About DSR Asset Management Ltd
DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com
David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property
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