We are currently seeking to attract investing partners, and look forward to your offers and suggestions. It's our priority to provide investors with credible support in their investing endeavors, within the timeliest manner.
We are based in Chennai,India and welcome investors for property developments in and around Chennai and its suburbs and in various places in South India.We are currently inviting outside investors willing to partner with our agency, to provide us with the needed financial backing of our endeavor with both start-up and back-up financial support.
India's real estate sector has assumed growing importance with the liberalisation of her economy. Currently estimated to be in the region of US 12 billion dollars, India’s real estate development is expected to grow at a pace of 30 per cent annually. Gradual opening of the sector to foreign investors has attracted interest from many players, not least those from Singapore,Malaysia,Dubai among others.
For example, in a landmark investment, Ascendas partnered with the Tatas and the Government of Karnataka to set up the Bangalore IT Park. Although the project had a difficult beginning, it is today a shining example of success in India's Silicon Valley Bangalore. Ascendas is now in the midst of expanding its presence in India, with parks in Hyderabad and Chennai.
More recently, the Indian Government has permitted 100 per cent foreign direct investment in housing through integrated township development. The Lee Kim Tah Township development in Siruseri near Chennai, and Keppel Land’s township project in Bangalore reflect the success of Singapore companies who have forged successful partnerships with their Indian counterparts. With India’s housing sector set to grow at an annual rate of 50% in the next four years, it is expected that domestic supply will be unable to cope with demand. Foreign companies with expertise in developing large-scale housing projects, will hope to play an active role in India’s real estate sector
Driven by the boom in IT and IT-Enabled Services, IDC has estimated that India will be the 4th largest IT market in the Asia Pacific and also one of the fasting growing. This translates into an estimated demand of over 60 million square feet of IT space over the next 5 years. Clearly, the opportunities are tremendous.
Looking forward to your proposals and suggestions.