Having forayed into Real Estate last year, I’m now well entrenched into the residential and commercial property segments in Delhi National Capital Region. Already on a look out to expand my horizons I was pleasantly surprised when an opportunity to deal in London Real Estate came my way by means of collaborating with the well known International Property Consultants Benham and Reeves India to promote and sell properties in London securely and with ease from India itself.
Why’s and How’s of Investing in London Properties
During the meeting that ensued, the representatives of Benham and Reeves India explained the audience about the modalities of investing in London real estate covering the relevant information and knowledge needed to interact with prospective clients and investors.
I was also able to clarify many issues which a client is likely to face while buying a property far away in London while being located in India. Some of these are enumerated in following paragraphs. First let us find out the meaning of London Boroughs
London Borough
A London Borough is a geographical area. These are the local government areas within Greater London having a unitary administrations status similar to Metropolitan Districts. In layman terms these are areas in near vicinity of London and from where people can commute to London and back in a reasonable timeframe.
In Indian context Burroughs can be related for example, to the micro markets of Manesar and New Gurgaon where the property rates are still reasonable as compared to the costly central Gurgaon areas, which provides an opportunity for investors for a capital appreciation over a period of time at the same time enjoying the benefits of a good social infrastructure and easy connectivity to the main city centres.
Why invest in properties in London Boroughs?
As per Leslie Stuart MD of Barrat Homes, “As the UK continues to attract foreign investment across multiple sectors, buyers are attracted to the lifestyle and cost of living these regions of London have to offer, some of these buyers are choosing to relocate permanently. For Indian investors who are looking for income and long-term growth, our extensive portfolio of residential developments are underpinned by substantial capital appreciation and annual yields.”
Some of major reasons favouring investment in London now are:
London has delivered one of the best long term returns from property investment.
World renowned education
A diverse city – every single country is represented
People across the globe aspire to own a property in London
A top class public transport network – connecting UK to the rest of the world
Best lifestyle – access to museums, theatre, fashion, retail, art and architecture.
Why Benham and Reeves?
As an interface between the Indian buyer/ investor and the developer, Benham and Reeves will use its expertise and rich experience in International property consultancy to ensure a secure and seamless experience for all stakeholders.
Starting with due diligence it will assist the investor during all stages of investment. Going beyond it will also extend its services on a reasonable fee on things like sourcing a solicitor in London for the property transaction, assisting in furnishing the house after the purchase and also letting it out on rent, helping with taxation issues etc.
In short they would be a reliable entity to depend upon for any and every of investor’s need from buying, furnishing, renting his house (and even repairs if needed at any later stage).
Listed Properties
Few of London properties listed and available for purchase presently are as seen in the image below. These are currently being promoted by a team of professionals from the developer firms at Mumbai and New Delhi.
If you feel inclined towards investing in these properties, then do get in touch with me on WhatsApp at +918527355122 or on mail at mukulmanku@gmail.com.
Happy Investing !!
Manku realty 