Global realty still the best option for rental returns

The International Affairs & Trade Fair Committee of the PHD Chamber of Commerce and Industry organised a webinar on GRE Live – Global Real Estate Expo 2020 on June 30.

Speaking at an interactive session on the future of international real estate post-Covid-19, Mona Jalota, Founding Principal, Krypton Global Investments, said the past 10 years have seen a lot of maturity of thought coming from the Indian investor’s side and the international real estate market has understood the need of the ultra-HNI in India. She mentioned that diversification of portfolio is important and it’s important to have the money invested in different markets.

Sahil Kapoor, National Head – Franchisee at 360 Realtors LLP, said in the last decade a lot of investors have explored and finally realised that there is a place other than the home country that can be invested in and people have realised gradually that Indian real estate in comparison to International real estate in terms of pricing is almost at par and in fact some of the major markets like Mumbai, Bengaluru and Delhi are more expensive than the international investments.

Syed Irshad Rahman, Head Of Sales, Damac Properties Dubai, said Dubai opens up the real estate market to international investors by  generating a high return on investment while offering investment safety apart from having business and investment-friendly platform

benefits such as tax-free regime, safety and education, guaranteed rental income plans to attract global investors.

Anuj Sethi, Founder and Managing Director, AS Professional Advisory Limited, UK spoke about raising finance to buy property in the UK. He dwelled upon two case studies highlighting Indian based investors who are looking to acquire an apartment for investment purposes and mentioned about the loan structure with a cash deposit held on account by the Bank to protect themselves against any property vacancy risk.

Kamlesh Rajput, Founder & MD, Sterling Finance [UK] Limited, highlighted the taxation regime prevailing in the real estate sector in the UK.

Nimit Soni, Director, Virtual MNC, shared his views on Virtual Perspectives on international real estate.

Pradeep Multani, Vice-President, PHD Chamber of Commerce and Industry, while thanking the sponsors shared his views on how the pandemic has impacted international investments.