Wadia Group to take Bombay Realty project to Dubai

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Agencies: Dubai, Nov 30 2012, 13:09 IST
group individuals into the HNIs bracket," he said.

He added that NRIs are inclined toward luxury developments like these as they get used to luxury lifestyle in international cities like Dubai.

According to Mehta, the recent fall in the value of the Indian rupee in the global financial markets has boosted Non-Resident Indian (NRI) buyers' interest in investing in luxury housing and encouraged most celebrated developers to launch projects with exceptional facilities.

The project also features a 20:80 finance scheme (for a limited time) where one only pays 20 percent upfront and 80 percent on possession. The towers have also been approved by leading financial institutions, the statement said.

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