India’s “crunch-proof” property market brought to Manchester by Navyroof.com
As new-build flat prices in Manchester are in freefall, some selling for over £50,000 less than originally purchased, local property investors are looking to India for profitability where Merrill Lynch has predicted a 700 per cent increase in property prices by 2015.
A seminar at the Midland hotel in Manchester city centre, at 7pm on 29th May, will give Greater Manchester property investors valuable information on how they can benefit from investing in India’s thriving housing sector.
It is hosted by Navyroof.com – the company that brings investment opportunities from the most up-and-coming areas of India to the UK.
Attendees will gain detailed knowledge of the Indian economy and the sustainable factors driving its rapid growth; they will also discover the areas that give the greatest capital appreciation on investment and will have the opportunity to listen to expert guidance on the purchasing process. The seminar will cover all aspects of the market, including Indian property law, to give investors all the information they need to escape the doldrums of the Manchester property market and to take full advantage of India’s booming economy.
The seminar will also explain how Greater Manchester’s 35,000 non-resident Indians can give back and profit by investing in their motherland.
India’s strong economic growth reflects the profound changes occurring in society. Over half of India’s current population is under 25, giving India the world’s largest population of workers and consumers by 2020. Increased urbanisation and modern young Indians preferring to live on their own means demand for housing has never been higher. Mortgage lending increased tenfold between 2000 – 2005 yet the ratio of mortgages to GDP remains low, which shows the massive potential in the property market.
Andrew Fassnidge, Managing Director of Navyroof.com said, “This seminar will show both UK investors and Greater Manchester’s 35,000 non-resident Indians how easy, effective and profitable investing in India can be. All the economic indicators project a bright, sustainable future for India with Merrill Lynch predicting a seven-fold increase in the Indian property market by 2015. In the last two years alone, property prices in India increased by 70 per cent. Industry commentators are mooting that whilst the USA and Europe look to be involved in an economic downturn, emerging markets such as India, may be the ‘crunch proof’ economies. Anyone with even a small amount of capital should come along to the seminars to find out what opportunities there are for them to escape the Manchester property decline.”
Attendance can be secured for the 29th May by signing up at www.navyroof.com or calling 020 7242 2452
About Navyroof.com (UK) Ltd
An independent property investment company dedicated to delivering the best global opportunities which maximise return on investment for clients. Navyroof.com aims to understand, meet and exceed customer’s property buying needs.
For more information, visit: www.navyroof.com
Reasons to invest in India – Some facts:
– 70% increase in Indian property prices over the last 2 years
– 7 fold predicted increase in value of the property market from 2005-2015 (Merrill Lynch)
– 300 million middle class people living in India by 2010 (higher than the US)
– 8% economic growth predicted until 2020 (Goldman Sachs)
– 19.8 million unit housing shortage (Report from Gov of India)
– 13.8% increase in wages in 2006 (highest in Asia-Pacific region)