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Indians in Singapore crazy on buying lands

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In the boosting number, Indian nationals are operating in Singapore and are invest in properties in Australia, Singapore, India, and London, Malaysia and in Thailand. Joshua Kumar, head of knight Frank Group said to www.propertykhazana.com in current set up India Desk of International Realty Advisory in Singapore that, “New Wealth which has been taken will also allow them to invest beyond their coast.” Indians are 4th biggest land purchasers in Singapore after Malaysians, Chinese and Indonesians, as per to the Wendy Tang, Executive Director of Knight Frank, it has over 250 offices globally with 6 in India.
Indians are highly ranged purchasers with a penchant for housings, apartment block and flats in high-class uptown locality of the rich city state. NRI started with a least SGD 5,000 a month pay and works as Bankers, IT Managers, Doctors, Engineers, Researchers, Academics, Traders and Business Owners.
As per the sources available to www.propertykhazana.com, people of Indian basis with elder Citizens will account for 6.85% of Singapore’s 5.08 Million strong population. Knight Frank had purchased Singapore Land Groups in March in New Delhi to Market their lands in Indian market and it is marketing envoy of Mumbai based Hiranandani and Silicon Cities’ Century Realty in Singapore. Meantime, over 30 Indian developers began to put on show their lands at 3-day Indian Property Show that had taken place in Singapore. Over 100 ventures had been opened in August 12-14 show which was headed by Dubai based Sumansa Exhibitions LLC.
Source: NIMMA BENGALURU

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