With the total amount of Dubai properties bought by Indians crossing Rs. 42,000 crore, India has now seemed to top the list of foreign investors in India. There has been a sharp leap of around Rs. 10,000 crore in last two years which is now considered as the record jump as regards to the amount Indian buyers have invested in foreign properties.
According to a recent Knight Frank report, property buyers from India have come across an overall return of 49.3% which is now considered as the highest in the world till date. For last few years, the Indian investors have found Dubai to be the most affordable property destination and after the fortification of Indian currency, the Indian home buyers all around the world have been shoved to this direction yet more.
Also, as per the officials in this domain, Dubai has got the best property market which is not only perfectly regulated, but is also likely to safeguard the interests of the investors, renters and landowners alike. When there is a set of rules to minimize the probable rows between the buyers and sellers, the core responsibility of each party is also clearly stated in the definitive laws active in UAE. So, there is always a bridge between the tenants and the landlords in the city.
Moreover, with Dubai becoming one of the favourite destinations for Indians, the chance for Indian investments has escalated yet more. Tax-free environment, high returns on investment, high capital gains etc. are the major fillips that have fuelled the Indian investors beyond the bar.