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Investment Property in India

Orchard View Rudrapur - India

As far as property in India goes, Rudrapur offers one of the finest investment opportunities on the global market. Analysts, including our own Liam Bailey, are foreseeing a massive increase in the need for affordable housing in India, as the number of people earning over $5000, doubles to more than 20million in the next two years, as well as the hundreds of thousands of graduates leaving Indian colleges and universities each year. But Rudrapur is an especially good opportunity because of the 465 massive global corporations that have setup, and/or are setting up shop in the area.

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Orchard View Rudrapur Summary

Price range of: £25,000 - £43,000
Bedrooms: 1 - 2
Development Type: Apartment
Listing Type: Sale

The Opportunity

The 465 new factories will be, are being and have been built on what will become a massive industrial estate on the outskirts of Rudrapur. The massive corporations have been attracted to the area by the government, who appointed the 4200 acre site a Special Economic Zone. As part of the SEZ program, which was first seen in China, the companies receive massive incentives for setting up shop, the main one being 100% income tax exemption for the first five years, and a 30% discount for the next five years.

India Inc was the first to build, and turned a small town into a boom town by investing $2billion there in a new factory. Since then 465 other companies have been allocated plots, 77 of which are completed and manufacturing goods, and 388 factories being built. When all factories are completed in Dec 2008, 50000 people will be employed directly on the industrial estate, and a further 250,000 will be employed indirectly (sales reps, area managers etc).

Some of the 50,000 employed directly, actually in the factories will be from Rudrapur, but most of the 300,000 will come from outside the area, and will be looking for high quality rental accommodation in Rudrapur. So far only 10,000 new units are being built or are scheduled for Rudrapur, this means apartments, like those in the Orchard View development will be in high demand.

Orchard View is only minutes away from the SEZ by car:

The Apartments:

Spacious, 1 and 2 bedroom apartments, finished to a high standard with marble flooring in both bedrooms and living area. Orchard View is a 6 acre community set amidst the beauty of the sub-Himalayan valley The grounds have been designed by a leading Indian architect, and the complex is serviced 24-7 by a professional team of cleaners, gardeners, electricians, plumbers and security guards so that all tenants needs are taken care of.

These spacious apartments are finished to a high standard and are aimed at the thousands of management level employees that will be working in the Special Economic Zone.

The apartments come with a 5% rental guarantee for the first two years. However, if you have time to manage the rental yourself it would be wise not to take the guarantee as you could make a lot more.

Orchard View is close to all amenities with a new commercial centre adjacent, and is ideally located near a new 45 meter wide bypass, and only 2.4 kilometres from the 4,200 acre Special Economic Zone that is creating mass employment in the area. There is also a recreation club within the community for residents. Orchard View provides the ideal retreat for the factory managers who can get to and from work in less than 5 minutes.

• Beautifully landscaped gardens
• Swimming pool
• Gymnasium
• Crèche
• Commercial centre adjacent.
• 5 minute drive from 4,200 acre SEZ.
• Finished to a high standard with marble flooring.
• Affordable housing in India is increasingly in demand

Features

• Guaranteed Rental
• Rental Management Company