Castlewood targets Indian market for real estate investment abroad

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New Delhi, Nov 1 (UNI) Castlewood Investment Properties, one of the largest real estate developers in Europe and the US, today said it has joined hands with Singapore-based Homeplace International and its exclusive Indian associate Land Solutions for their entry into India by helping people invest in properties abroad.

The company showcased a bouquet of real estate properties, mainly based in Hungary, the US, and the UK as NRIs and Indian Resident of High Income Group are investing more on global properties.

Studies show that Indians constitute 85 per cent of clients interested in owning properties in high-end luxury and unusually located residential developments, Castlewood MD Christopher said.

''Indian investors are always in radar of any international developers. Castlewood will soon launch projects in the US, the UK and Hungary in association with Homeplace International,'' he added.

Not only High Net Individual and NRIs, the client spectrum comprises both investment seekers and investors such as corporate, developers, banks, MNCs and Millionaire Clubs, Mr Christopher said.

About 300 houses are up for sale in South Carolina, and Budapest in Hungary, he said, adding the property prices start from 250 thousand dollars.

UNI MP AKJ HT1927

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