Guaranteed Rental Yields For Property Investors In India

August 17, 2007 (PRLEAP.COM) Business News
The five-star Green Valley resort in Mumbai a master-planned development of 2,900 units with an exclusive garden on an expanse of 220 acres. Situated away from the hustle and bustle of Mumbai and encased with a lush, leafy haven, Green Valley is a wholly residential project constructed by the same renowned developers responsible for 'Dubai Sports City'.

“The rental guarantee offered by Essential Worldwide is 7% of the purchase price per year and offered over five years,” said Tim Tolbert, sales & marketing director, Essential Worldwide. “The two Indian resorts eligible for our rental guarantee are expected to enjoy high rental demands thanks to the growing economy and increasingly high visitor numbers to India.”

New property owners buying into the flagship resort will also see the value of their investment soar thanks to the imminent opening of the Maharashtra Special Economic Zone. Just 5kms away, the business centre will be staffed by 50,000 highly skilled technicians and management personnel. With a shortage of affordable housing in Mumbai centre, the Green Valley resort is expected to provide the bulk of accommodation for these employees.

The second of the two Indian resorts to be eligible for Essential Estate’s guaranteed rental income offer is the luxury Cape Corinth waterfront oasis in sub-tropical Goa. A favourite holiday destination, Goa’s endless sunshine and miles of safe beaches make it a desirable location for a holiday home.

A state-of-the-art gymnasium, jacuzzi, steam rooms, hot sauna, yoga and meditation areas provide an alluring and relaxing environment for residents.

With foreign tourism to India increasing by 45% over the last two years and a projected 20% increase forecast for the next two years, the tourist economy in India is particularly boisterous. Set over three floors, the Cape Corinth apartments are finished to the highest standards ready for immediate occupation.

For more about India property and Essential Worldwide’s guaranteed rental programme, log on to www.essentialww.com.

About Essential Worldwide

Founded in 2003, Essential Worldwide are leading overseas property developers and investment consultants. It offers clients a personal and dedicated service, providing accurate and up-to-date information on developments in countries such as India and Morocco.

Essential Worldwide are renowned experts in sourcing investment property overseas. Having built up strong relationships with developers, Essential Worldwide negotiate exclusive availability of the best located units, volume discounts and attractive payment plans, often requiring little or no financial input from investors. Essential Worldwide are able to offer sound advice on all international property investment matters.

Please direct all media queries, requests for press information and editorial details, to Rebecca.Appleton@essentialww.com