'Owning a home, back home' – HDFC's London Event is all set to reach out to NRIs and PIOs for its 2016 edition, with over 35 leading developers, including Hiranandani Communities, showcasing prime properties from all across India
LONDON/ MUMBAI, 26 JUNE 2016: For Non-Resident Indians and Persons of Indian Origin (PIO), the thought of 'owning a home, back home' is not just about emotions, but also a smart investment decision. Hiranandani Communities is participating in this year's HDFC's India Home Fair (IHF), London, which is being held on 30 and 31 July, with property offerings which include premium homes as also aspirational homes, commercial spaces as also plots in locations such as Powai, Panvel, Thane and Chennai.
"Indian real estate continues to enjoy confidence of NRIs and PIOs in the United Kingdom, something that has been apparent at past editions of HDFC's IHF, London," said Niranjan Hiranandani, MD, Hiranandani Communities. "This year too, the magic of India real estate will be apparent, more so in the post-Brexit scenario," he added.
"Stability in Indian real estate prices and favourable rupee movements are attracting United Kingdom-based NRIs and PIOs to the Indian real estate market, and with offerings located in the Mumbai Metropolitan Region in Powai, Thane and Panvel as also Chennai, we will be reaching out to this segment of potential property buyers," said Niranjan Hiranandani.
For NRIs and PIOs wanting to own a home, back home in India, the Hiranandani Communities stall at the event will provide an opportunity to inquire about premium Indian property. The two-day event is a success story co-scripted by HDFC, which enjoys a strong presence in the UK since the last 10 years through its London branch. This will be the 9th edition of HDFC's IHF, London.
Niranjan Hiranandani said the target group at the event is the mixed age group of young, working class, second generation and senior citizens. A large number of those who will visit the Hiranandani Communities stall at the event should be interested in investments while expats will be looking out for homes in India to return to. NRIs ad PIOs working in the United Kingdom's Information Technology sector and the Banking and Financial Services industry are expected to comprise a large segment of serious enquiries at the venue, he added.
HDFC's IHF, London will showcasing popularity of Indian real estate amongst the NRI and PIO community in London and other cities in the United Kingdom. From Hiranandani Communities' perspective, the event should result in a good over-all response amidst positive sentiments, concluded Niranjan Hiranandani.