Press release from Business Wire India
Tuesday, March 20, 2012 11:06 AM IST (05:36 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Construction, Major diversified industrial groups, Real estate
————————————————– India to Unveil NRI Spaces

Mumbai, Maharashtra, India, Tuesday, March 20, 2012 — (Business Wire India) — India to unveil the its new section – NRI Spaces – on 31st March 2012 to offer audiences outside India a host of property investment from top developers from the country.

At launch, NRI Spaces will comprise of new projects available by top developers from over 14 metro cities and 1372 sub-locations from India. Special editorial review of each property and comprehensive information are showcased.

“Slowdown and uncertainty in the financial markets is finally having its consequences on the Indian economy. According to various institutional reports there has been a drop in property sale as compared to last year. Foreign currency appreciation against Indian Rupee has attracted Non Resident Indians to invest in India” say Murli Ramkrishnan CMD – India

NRI Spaces is designed and structured to address investment opportunity in property with display of price in currencies such as USD, AED, HKD, GBP and EUR.

Consumers can now reach directly to the developers who are offering a special discount for Non resident Indians. India has done special tie-ups with leading financial institutes and nationalized banks to offer home loans to NRI’s with quick disbursal of fund scheme.

“We’ve been working on this section for a long time,” continued Murli Ramkrishnan. “We understand that, with the current economic crisis continuing to trouble Indian Developers, real-estate community are looking for such products and services that suit their business strategy. Our aim is to help them find it. There are estimated over 30 million Indians staying in various parts of the globe, out of which over 35% are there in US, UK, Middle east which is our target audience now”.

For overseas visitors The new section “NRI Spaces” is available now. For more information, visit

Aahna Vaswani,Asst. Marketing Manager,, India, formerly, +91 (22) 42435555


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