Asian Voice Interview Mayfair International Estates

Released on: December 17, 2007, 11:19 am

Press Release Author: Philip Raye

Industry:

Press Release Summary: India Real Estate Boom invest with Mayfair International
Estates

Press Release Body: INDIA's BOOMING REAL ESTATE MARKET

India is one of the fastest growing economies of the world. The country is
witnessing an upsurge in its realty industry; especially the property zone and the
investors are keen to invest their capital in prestigious Indian properties. Almost
70% of foreign investors are reaping huge profits in this sector, with 20% annual
appreciation on property values (Source: FICCI Survey, 2006). Besides offering
investor-friendly FDI and a clear taxation policy for the investors, the Indian real
estate market also boasts of being the second largest contributor towards its GDP.

Owning an Indian property can fetch an investor the following key benefits:

. 20% Annual Appreciation on Property Values
. Capitalization from Indian Special Economic Zones (SEZs)
. Investor-friendly FDI and a clear Taxation Policy
. 70% of Foreign Investors making Huge Profits (Source: FICCI Survey, 2006)
. Second Largest Contributor towards India's GDP

Real estate is one of the fastest growing sectors in India. Market analysis pegs
returns from realty in India at an average of 14% annually with a tremendous upsurge
in commercial real estate on account of the Indian BPO boom. Lease rentals have been
picking up steadily and there is a gaping demand for quality infrastructure. A
significant demand is also likely to be generated as the outsourcing boom moves into
the manufacturing sector. Further, the housing sector has been growing at an average
of 34% annually, while the hospitality industry witnessed a growth of 10-15% last
year.

Apart from the huge demand, India also scores on the construction front. A McKinsey
report reveals that the average profit from construction in India is 18%, which is
double the profitability for a construction project undertaken in the US. The
importance of the Real Estate sector, as an engine of the nation's growth, can be
gauged from the fact that it is the second largest employer next only to agriculture
and its size is close to US $ 12 billion and grows at about 30% per annum. Five per
cent of the country's GDP is contributed by the housing sector. In the next three or
four or five years this contribution to the GDP is expected to rise to 6%.

...Past Three Years

Indian Real Estate has been one of the high riding sectors since 2002- 2003. After a
bad decade of nineties, it has resurrected itself like never before. In fact, in
last three to four years, the property market in India has zoomed by more than 300%
in few cities. The average growth in India's real GDP over the last six years has
been 7.1%.

Foreign Direct Investment (FDI) has been rising in India over the past several
years. During the 1990s, annual FDI inflow was $2-3 billion a year. In 2004-2005, it
touched $5.6 billion, and in 2005-2006, it touched a peak of $7.2 billion (Source:
Jones Lang LaSalle Meghraj (JLLM) report).

Current Status

Indian real estate industry, which is currently pegged at $16 billion, is witnessing
increased interest from several international developers, primarily from the
Middle-East, South-East Asia and Europe.

The Indian real estate market is now a hot spot for global investors after new laws
were enacted last year allowing foreigners to own 100% of real estate assets. This
has invited more foreign investors and real estate sector in India is seemingly the
most lucrative ground at present. Private equity players are considering big
investments, banks are giving loans to builders, and financial institutions are
floating real estate funds.

As per the recent JLLM report, FDI worth about $30 billion (INR 1.32 lakh crores) is
in the pipeline for all Asian real estate markets, out of which about $6 billion is
planned for the Indian market alone for the year 2007.

Listed and unlisted real estate companies and private institutional funds are the
key players making FDI investments in India. More than a dozen overseas private
equity firms such as Goldman Sachs, Morgan Stanley, JP Morgan and Blackstone Group
are looking at investment opportunities, or have already invested in the Indian real
estate market.

Investors are attracted to the strong commercial property yields across metros, the
high capital and rental value appreciation, and the availability of quality supply
in the country. With real estate yields in mature economies narrowing, India's
current commercial property yield of 10-11 % is viewed as attractive. Moreover,
rental rates for grade A commercial properties in Tier-I cities of Mumbai and Delhi
have appreciated by more than 100% in the last 15-18 months.

In spite of high entry barriers and low availability of land banks, about 94% of
capital investment in real estate is being deployed in Tier-I cities of Delhi,
Mumbai and Bangalore, according to the JLLM report. This can be attributed mainly to
the comparatively lower risk associated with these cities for developers.

What's more interesting is that a majority of realty issues have yielded phenomenal
returns to investors, although there has been a fair amount of volatility. As the
sector gets a facelift by organising itself, a number of local and regional players
emerge as key contenders in the marketplace. Therefore, the industry is likely to
witness dominance of local pioneers in different markets, such as DLF, Unitech or
Parsvanath in the north, or the likes of Sobha Developers, Puravankara Projects or
IVR Prime in select cities in the south.

Years to Come.

JLLM estimates that about $10 billion of foreign investment will enter the Indian
real estate sector over the next 12-18 months (starting from May 2007).

The growth of the real estate sector is expected to continue with strong ITITES,
banking, financial services and insurance (BFSI) and corporate demand driving the
office sector. The growth rate for the retail market is expected to be around 35%,
with organised retailing currently at a mere 3% of total retail. Foreign private
equity funds expect a return of 20-25 % from investments in Greenfield projects.

For the next two to three years, investment in Tier-I cities is expected to increase
as a result of growing demand in these locations. However, in future, as Tier-I real
estate markets mature, more investment will flow into Tier-II and Tier-III cities
such as Chennai, Pune, Kolkata and Hyderabad.

A sector wise analysis indicates that most of the foreign investment is going into
residential and mixed-used projects. According to the JLLM report, since the Reserve
Bank of India (RBI) does not permit developers to use bank loans for purchasing land
parcels, capital raised through private placements, foreign investments and funds
are being used largely for land purchases.


GURGAON - THE 'CORPORATE CAPITAL' OF INDIA

Gurgaon, an important satellite town of Delhi (India's capital city), is a symbol of
ancient Hindu Mythology, having derived its name from Indian epic 'Mahabharata'.
Previously known as 'Guru-Gram', meaning 'Village of the Teacher', Gurgaon is the
most eminent Corporate Hub in South Asia and the most prominent outsourcing and
off-shoring hubs of India. More popularly known as the headquarter of India's
renowned MNCs, Gurgaon is riding high on residential, commercial and retail
developments, including gigantic apartments, luminating glass buildings, bustling
malls and wide roads.

Ideally located on the National Highway of Delhi-Jaipur Road, the city houses top
MNCs - both IT and non-IT: Genpact, Dell, Accenture, Convergys, etc. to name a few
with their headquarters in the city. Automobile majors, including Honda and Maruti
too have their manufacturing units in the city. Gurgaon is a hub of commercial
activities, with major car, motorcycle and garment manufacturing units and export
houses.

Gurgaon has got easy rail connectivity to AIIMS (via Mehrauli) and Dhaula Kuan in
Delhi, Rohtak, Jammu, Faridabad, to name a few. Soon-to-be- recognised as a world
class Golden Triangle City Centre for a four lane highway passing through the city,
Golden Quadrilateral, Gurgaon also includes 7 flyovers and five underpasses. There
are plans underway to extend the Delhi Metro to Gurgaon by 2010, which is just 10
kms from the International Airport.

The Cyber City of India - Gurgaon provides a chain of well-equipped hospitals,
including Indraprastha Apollo Hospital, Privat Hospital, Chiranjiv Hospital, City
Hospital, Civil Hospital, Jindal Hospital, Kanshiram Medical Centre. The city offers
superlative medical facilities to distressed people from different parts of the NCR
and the neighboring states.

Gurgaon shares boundaries with Uttar Pradesh and Rajasthan on its south and Rewari
and Rajasthan in the west. Gurgaon district comprises nine blocks, including Tauru,
Nuh, Pataudi, Nagina, Punhana, F.P. Jhirka, Sohna, Farukhnagar and Gurgaon.

Real Estate Market in Gurgaon

Gurgaon, the suburban neighbourhood of Delhi will continue to remain the scene of
much of the real estate action in the next three years. Easy availability of quality
housing at affordable prices and the quality of construction will make Gurgaon
investment-worthy. Gurgaon, in fact, counts as the hottest suburb to invest in.

Property value in Gurgaon is likely to appreciate 10-15 per cent a year for the next
few years. Gurgaon has reshaped the Indian realty sector as it has pioneered the
emergence of luxury segment in India during 2004-05 with the launch of DLF\'s
Aralias; Aralias II; MGF Vilas; DLF\'s Magnolia and lately DLF Belaire near Golf
Course. These high end projects offer 4-5 bedrooms, central air-conditioning luxury
apartments with lavish specifications and all the modern amenities for client
satisfaction.

This trend of elite dwelling has also refurnished the need for purchases in Gurgaon
real estate in to function as a weekend home. To fulfil the mounting demand of
Gurgaon properties, many well renowned real estate developers have initiated the
construction of new projects consisting of both middle and high-end budget projects
at Gurgaon Sohna Road, MG Road, Old Gurgaon Road and Golf Course Road.

Apart from expensive dwellings and state-of-the-art office spaces, the city also
offers a wide range of residential properties for middle class segment. This segment
of residential apartments builds the base for the mass ongoing constructions in
Gurgaon. Due to its proximity to south Delhi, the city will further enhance its
position as a world class real estate destination for investors of India and abroad
as connectivity to the international airport gives Gurgaon, a vital edge over other
cities in the NCR.

Gurgaon excels as the investor\'s destination in comparison to other cities mainly
because of the quality constructions and innovative additions to the home buyer\'s
favour. As a competitive market evolves in Gurgaon mainly at the behest of the
developers, who are trying to build a consumer base by providing investors with
lucrative options in residential as well as commercial properties in Gurgaon.
Gurgaon, in fact, counts as one of the hottest cities in India to invest in.

Key Highlights: Gurgaon on a Real Estate high note

 Close Proximity to National Capital Region
 Gurgaon Real Estate - a talk and centre piece of attraction for a long with
its high rise buildings, swanky malls, Five star hotels
 Proximity to International and National Airport
 Easy Access to modern facilities - a preferred destination by
Multinationals and NRIs
 Construction industry and the developers of the real estate in Gurgaon have
something on offer for almost every segment of the market and now provide
feature-rich accommodation and commercial space at a very reasonable price

Why Invest?

Gurgaon offers an excellent location to start up an industry as it is in close
contact with cosmopolitan world, being close to the National Capital of Delhi. It
offers excellent law and order situation with peaceful environs. These pivotal
factors have helped it attract a sizable number of investments from MNCs, large
business houses, foreign investors, Non-Resident Indian (NRI), etc.

Gurgaon is one of India\'s major outsourcing hubs, housing major multinationals such
as Agilent, Alcatel, American Express, British Airways, Convergys, eFunds, Ericsson,
KLG Systel, KEANE India Ltd., Fidelity Investments, Genpact, HCL technologies,
Hewitt, Hindustan Lever Limited (the Indian division of Unilever), IBM, Siemens,
Flextronics, Coca-Cola, GSK, General Motors, Gillette, HP, Hitachi Metals, Nestle
New York Life, Nokia, Pepsi, Trinity BPM, Xerox, etc.

Gurgaon is home to many manufacturing units of repute such as the largest car and
motorcycle manufacturers in India, namely Maruti Udyog and Hero Honda; which has
their manufacturing plants in the city. Gurgaon which hails most of the reputed
developers like DLF, Unitech, JMD, Vipul, etc to name a few have also credit to the
infrastructural and construction of international standard office spaces that meets
the demand for MNCs and high-end modern corporate offices.

Besides, Gurgaon's proximity to New Delhi and easy connectivity to the international
airport is a major plus factor. Also, availability of good quality and cheaper
office buildings and residential complexes has proved attractive to many companies
who have shifted their corporate and back offices.

Five years from Now.

 Arrival of Metro Rail to offer Better Conveyance
 Upcoming 8-lane Expressway: User-friendly Roads and Systematised Traffic
 Better Infrastructure: Roads, Transportation, Housing and Entertainment
 Revamping of Airport
 New Express Road Connectivity to Vasant Kunj and Dwarka
 80 SEZs to be set up in the Area
 Upcoming Medicity: Global Destination for Healthcare Solutions

RIGHT TIME FOR NRIs TO INVEST IN INDIA

The $12 billion Indian real estate market (2004-05) is expected to reach $50 billion
by the year end of 2010, growing at the rate of 33%.

The booming growth in real estate market in India is due to an exploding economy,
liberal FDI regime, new technological innovations making inroads into India, new
norms and policies and entry of world class companies in the hospitality and
entertainment sector.

The Indian real estate sector is the second largest employer of people.

In a report by Price Waterhouse Coopers:

In India's fast-growing economy, real estate has emerged as one of the most
appealing investment areas for domestic as well as foreign investors. The real
estate sector will continue to derive its growth from the booming IT sector, since
an estimated 70 per cent of the new construction is for the IT sector.

Favourable interest rates, modern attitudes to home ownership (the average age of a
new homeowner is now 32 years compared with 45 years a decade ago), economic
prosperity along with a change of attitude amongst the young working population from
that of 'save and buy' to 'buy and repay' and liberalised FDI regime have all
contributed to this boom.

With the rise in potential of Tier II and Tier II cities the investment
opportunities have increased manifold.
Moreover 100 per cent FDI is allowed in real estate development and the Indian
government has played a major role in supporting the growth of the real estate
sector by allowing NRI investment.

In a recent report by Merrill Lynch:

Mall space is expected to increase dramatically in the coming years. India Property
Exhibitions are being conducted in major cities of the world, to raise awareness
about investment opportunities Indian Real Estate has.

Source: Times of Oman


MAYFAIR INTERNATIONAL ESTATES
Think Investments. Go Global.

Mayfair International Estates (MIE), as the name suggests, seeks to offer
prestigious property solutions in the realty industry worldwide. With a global
mindset, the company embarks on providing a one-stop solution for the true
realisation of our investors' aspirations and offering them a lucrative opportunity
to diversify their portfolio geographically.

The Company has carved a niche for itself in the booming realty sector worldwide and
has constantly set quality benchmarks in the provision of its services to its
valuable investors. We invite the corporate, multinational corporations and
business-minded retailers from across the world to invest in the awe-inspiring
global properties and reap assured benefits out of such investment.

With over 50 years of collective experience and the persistent efforts of its team
of dedicated professionals, Mayfair International Estates seeks to establish a
harmonious relationship with its ever-growing clientele and accomplish the dreams of
investors across the world, leaving no stone unturned.

MIE has also formed strategic alliances with reputed and major global real estate
developers to market their products, which are high in demand not only locally but
universally. Besides, the company has already spread its horizons across the world,
catering to its investors in the UK, US, India, Malaysia and Sweden.

Products

Dubai:
Dubai, a bustling metropolis, is recognised as the leading business and tourism
destination across the world. Mayfair International Estates offers high-end
commercial, retail and residential properties in Dubai - the City of Gold. These
stylish abodes are accompanied with ultra-modern amenities and outstanding
recreational facilities with an urban and contemporary lifestyle.

UK:
Recognised as the most popular destination for Asian and US investors, the UK has a
highly-skilled and flexible business environment for High Net-worth Individuals
(HNIs) to build profits and is, thus, witnessed as a sound investment destination.
The company offers its global strategic investors, an opportunity to invest in
multifaceted residential and commercial properties in the UK - the busiest
investment market across the world.

India:
India, one of the world's fastest growing economies, has witnessed a surge in its
realty industry, especially the property zone in the recent past. Mayfair
International Estates offers prestigious residential, retail and commercial
properties in one of the finest areas of the country - Delhi, National Capital
Region, Jaipur, Gujarat, Himachal Pradesh, Mumbai, Pune, Hyderabad and many more.

Thailand:
Recognised more popularly as the "Land of Smiles", Thailand is a place where people
can live a luxurious tropical lifestyle offering a great universal appeal. Thailand
has become one of the Asian economic leaders with significant rise in foreign
investment over the recent past, while the dropping of certain financial
requirements now make investment in Thailand an easier option. Current average
capital growth for Thai property is set at between 10 and 15%. Mayfair International
Estates offers lucrative property options in the beachfront location of Thailand -
Phuket.

Spain:
Besides being the most favoured tourist destination for its lovely climate, the
property market in Spain has always been on an upsurge with its ever-increasing
demand and stupendous returns on investment made by an individual investor. Mayfair
International Estates brings exclusive opportunity for its investors to own
luxurious residential properties, including apartments, villas, penthouses and
condominiums in Spain.

Services

Project & Asset Management Services:
We help our clients in efficiently managing their projects within stipulated budget
and in mitigating the immediate risks involved therein. Whilst working closely with
our investors, we analyse their requirements and develop strategies that suits their
investment needs largely.

Investment Management Services:
The company provides its investors with valuable advice on the monitoring of their
investments. We carefully assess our clients' needs, scrutinise their risk profiles
and recommend appropriate investments accordingly.

International Creative & Marketing Services:
Our cumulative global expertise of over 50 years and deep insight into the ongoing
market activities have helped our clientele in developing effective marketing
strategies and assisted them in growing their businesses.

International Legal Services:
Mayfair International Estates facilitates legal advisory services on various issues,
including FDI, employment laws, leases, finance and international investment, to
assist various corporate houses in setting up a successful venture.

International Taxation Services:
Mayfair International Estates focuses on offering high-quality tax advice for all
large corporate houses and financing transactions, including corporate mergers and
acquisitions, joint ventures, disposals and restructurings.

Online Marketing Solutions:
Mayfair International Estates has created a unique online marketing platform,
wherein we market our clients' products globally through Online Marketing/Search
Marketing Strategies, Online Media Planning & Buying, Search Engine Optimisation,
PPC Campaigns, Banner Ads and much more.

Data Brokering:
We offer customised, innovate data solutions to our clientele, whilst providing them
with relevant data information. These custom-made databases are priced on the basis
of the project and the technical requirements of our clients.

Interactive Advertising Solutions:
Mayfair International Estates' key branding strategy is to conduct an extensive
360-degree advertising campaign (or, total branding) to nail down the core message
in the minds of our global investors through different media and build one-to-one
relationships with them.

Mayfair International Estates
The Nova Building
Herschel Street
Slough
Berkshire

Info@mayfairinternationalestates.com

Web Site: http://mayfairinternationalestates.com

Contact Details: Mayfair International Estates
The Nova Building
Herschel Street
Slough
Berkshire

Info@mayfairinternationalestates.com

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