12th Annual property event in London with leading developers showcasing prime properties across India
HDFC Ltd, India’s leading mortgage lender is hosting ‘India Homes Fair 2019’ – a property event exclusively for assisting NRIs and PIOs wanting to own a home, back home in India for the 12th consecutive year. The exhibition offers excellent opportunity to showcase a wide range of latest projects catering to everyone’s budget by renowned and well-reputed developers in India
HDFC Ltd has enjoyed a strong presence in the United Kingdom for the last 14 years through its London branch.
Though there has been a lot of negativity with regards to the real estate sector in the past 12 to 15 months, it is also true that it has never been a better time for a home buyer in India than today. Property prices in the last few years have seen a decent price and time correction and hence they are the most affordable in terms of incomes of individuals. Moreover, the housing sector has received more attention from the government than any other sector and has provided a significant boost to all stakeholders. The government is doing its best to support the industry with PMAY subsidy for buyers, tax-free status for builders and very recently a special ?20,000 crore fund, 50% of which will be contributed by the Union Government, for last-mile funding for stalled projects which are non-NPA and non-NCLT.
Also, Budget 2019 has incentivized the people buying affordable houses by increasing fiscal incentives on a home loan. The budget has provided for an increase of up to ? 1.5 lakh deduction p.a. on the interest component of a home loan borrowed before March 31, 2020, provided the property value is under ? 45 lakh. With this, the total fiscal incentives on a home loan by way of interest deductions are ? 3.5 lakh pa. This additional fiscal benefit also will lead to an increase in the loan eligibility of the borrower. Apart from this, there is already a tax benefit on repayment of Principal of up to ? 1.5 lakh.
With the property prices being stable over the past few years, increased transparency with the implementation of RERA, lower interest rates and host of tax benefits and subsidies under the PMAY for the first time home buyers have made house buyers look favorably at buying a house of their own. Also the government’s flagship scheme ‘Pradhan Mantri Awas Yojana (PMAY)’ is creating more demand for real estate in India.
Speaking on the association, Akash Puri, Director International, India Sotheby’s International Realty said: “India Sotheby’s International Realty is happy to be associated with HDFC and appreciate their efforts in creating this platform to provide housing solutions for NRIs and PIOs. Keeping in mind the industry trends and the progressive norms introduced by the Indian government in the Real Estate sector, it is a favorable time to invest in a home in India. We have a wide range of luxury New Developments on offer like Sunteck, Vivara and Paras Quartier, along with a large portfolio of luxury properties in Delhi, Mumbai, Kolkata and Holiday Homes in Goa and the Hills. We also have International properties (ITC Sapphire Residences, Banyan Tree & Alliance) catering towards overseas investments. As the affluent Indians increasingly make their presence felt across the globe and seek insightful, trust-worthy consultants, we step in with our global expertise. We look forward to partnering with our potential clients at the ‘India Homes Fair 2019’ and assist them by offering ‘high-end luxury real estate solutions’ to find their dream home.”
At HDFC’s ‘India Homes Fair 2019’, multiple projects will be on display from Mumbai, National Capital Region, Bengaluru, Chennai, Pune, Hyderabad, Gujarat, Goa, Kerala, Punjab, Kolkata, etc. with varying options like flats, villas, plots, etc. Customers can avail of exclusive offers and value-added benefits during the exhibition. This will be the 12th year in a row that HDFC is organizing a property exhibition clearly indicating its popularity amongst NRI & PIO in London and other cities.
Starting on the 19th of October, this two-day property event will be held at the London Marriott Hotel Grosvenor Square Mayfair London W1K 6JP. It will be open for visitors between 10 am to 7 pm on the 19th & 20th October 2019.
So do visit HDFC’s ‘India Home Fair’ and be part of London’s biggest Indian homes fair and avail of our special offers and expert advice as we assist you in your home buying process by being ‘With You, Right Through’!
For more details on the event please pre-register on
For further details please contact:
HDFC Ltd, 1, Northumberland Avenue, Trafalgar Square, London WC2N 5BW, Phone: 020 7872 5545
About India Sotheby’s International Realty
Born from the rich heritage of the Sotheby’s Auction House, Sotheby’s International Realty (SIR) is an iconic global brand, with a legacy of quality service and unmatched expertise. The SIR network is present in 72 countries and territories with 1000 offices and 22,500 sales associates and has achieved a record real estate global sales volume of $112 billion in the year 2018. The brand established its presence in India by setting up its first office in New Delhi on July 2014. It now has offices in Mumbai, Kolkata, Colombo and the mandate for the Maldives. The team in India comprises of senior private bankers and experts from real estate, hospitality, and luxury goods industries who have lived and worked in various parts of India and abroad, bringing a wealth of experience which has won the trust of an affluent and exclusive clientele.