AxiomEstates launches India operations

06 May 2008

Mumbai: London-headquartered AxiomEstates, an international chain of property consultants, today announced the launch of its global property services in India.

It also released a report, inEquilibrium? the changing dynamics of the Indian residential markets, on the current Indian residential real estate market and the various factors that affect it.

AxiomEstates is one of the largest providers of property services for overseas Indians and is now undertaking to get foreign buyers to invest in Indian properties. It also aims to provide foreign properties to buyers in India.

It plans to help its clients locate, buy and manage property of their choice without the need to travel extensively.

The property firm says it maintains a comprehensive database of leading developers across the country and is helping them cater to a new niche market of non-resident owners and a new class of investors, called mezzanine investors, who invest in property intelligently, buy and retain it for a certain period of time say between three and five years and then sell it off to invest in something better.

''The term Incredible India is truly a brand globally and has exciting times ahead,'' said Rajesh Goenka, chairman and CEO of AxiomEstates, at a pres conference in Mumbai, today. ''We believe that the fundamentals of the country are firm and can be depended on as a long-term bet.''