As per the Lloyds TSB International Market Review housing prices in India witnessed the steepest rise in the world in the last 10 years since 2001. The increase has been 284 per cent in revenue terms after allowing for inflation - equivalent to an average annual rise of 14 percent. Residential real estate prices in India would continue to grow because of the prevalent gap in demand and supply of residential units.
He said "most of the NRIs and Persons of Indian Origin still remain hesitant because of the hassles associated with owning and managing properties in India. For those who have taken or would like to take the bold step to invest in India there is a ray of hope from professional property management firms like Easy2ownEstate. Assessing the need for a professional service provider with international quality standards, we (Easy2ownEstate) have opened our office in London."
The company is founded by a group of ex-Bankers with vast international experience in the field of banking and real estate. They have branches in Mumbai, Delhi-NCR, Bengalur, Pune, Goa and Ahmedabad offering not only real estate investment opportunities but also property management services.
Asked about the background of Easy2ownEstate, Puri said: "We are a Real Estate Investing, Renting & Property Management service provider with a mission to remove all the hassles associated with investing and managing Indian properties. This company is founded by ex-bankers with more than 20 years experiences in India and Global Markets."
He said "the concept on which we function is unique and one of its kind in India. We partner with clients to offer a comprehensive range of services, quite unlike conventional property consultants. This helps to simplify property investment decisions and ownership for our clients, no matter which part of the world they are in, and offers them convenience along with value"
"We provide a unique quarterly market to market Property Valuation reports to our clients. These reports will show the investors absolute returns from the Property and Quarter to Quarter increase or decrease. With the help of this report we pro-actively provide advice to sell property which is not giving good returns in the portfolio. Our facilities include a dual package of not only property investment opportunities but also property management services. This ensures that our client's property management decision is not constrained by the hassles involved in managing properties on their own."
"Some of our services include rental assistance and management, property valuation, property inspection reports, regular house cleaning, pest control, interior designing and furnishing. Apart from the flexibility of choosing from our a la carte menu, we also have three pre-designed efficient packages. One can get the details of these packages by visiting our web-site www.easy2ownestate.com."
Answering a question on what a PIO in the UK owning a property in India could expect from the company, Colin Bailey, Director, Business Development of the company said: "Our client oriented property management services ensure that investment and ownership of the property is smooth, effortless and hassle-free. "Our clients can easily leave all their India property related work to us. We will ensure that they enjoy fruitful and hassle-free investment and ownership of their India property."
Asked how the company would provide a high standard property management service like in the UK to NRIs planning to invest in India, Puri said: "We have heavily and thoughtfully invested in technology, people and processes. Today we can claim with pride that we have a robust proprietary-client relationship management software and state of the art ERP solution which is fully functional. For convenience and updating our clients we have developed a web based Property Management Information and Request Placement Platform. We have a team of smart and efficient property managers located in Mumbai, Gurgaon, Delhi, Pune, Bengalur and in Goa. We have a strong network of vendors and other property consultants for speedy delivery of our clienty's requirements. Our relationship in corporate sector helps us in renting the vacant properties. And above all we have a very responsive management team who has a passion to service and succeed. Asked what would be his advice to NRIs and PIOs who are interested in investing in India, Puri said: "as once said by Robert G. Allen, best-selling author of Nothing Down and Multiple Streams of Income, Don't wait to buy Real Estate, buy Real Estate and wait. I would like to reiterate the same for those who are waiting to buy properties in India. India is offering once in a life time opportunity and if you are hesitant just because you are not sure where to invest and how to manage the investment, then I would say your wait is over with Easy2ownEstate opening their office in London."