• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

— Kamal Narang

Property tie-up: Mr Akshay Jain (left), CEO, Land Solutions India, with Mr Joshua Kumar, Director, HomePlace International, and Mr Christopher N. Comer, Managing Director, Castlewood Investment Properties, at a press conference in the Capital on Saturday.

Our Bureau

New Delhi, Nov. 1 Castlewood Investment Properties has tied up with Singapore-based HomePlace International and their Indian partner, Land Solutions, to offer properties in Hungary, the US and the UK, among other places.

The company says it is betting on Non-Resident Indians and Indians of high income group wanting to invest more in global properties.

“Indian investors are always on the radar of any international developer,” said Mr Christopher Comer, Managing Director, Castlewood International in a release.

It is also looking to tap corporates, developers and banks, among others.

The company is offering 300 houses in South Carolina in the US, and in Budapest in Hungary at prices starting at $250,000.

The project in Budapest, Károlyi István City Centre, is a waterfront gated community consisting of condominiums and luxury apartments.

While the Fairways by Castlewood, at the Myrtle Beach in South Carolina offers two level and four bedroom Heritage town houses.

The company promises to provide consultancy and also arrange 70 per cent of the cost through bank loans.

More Stories on : NRIs | Overseas Investments | Real Estate & Construction

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line