21.10.2011 - India: Rich investors seek high realty returns
Products structured on real estate and promising over 20 per cent annual returns are gaining popularity among wealthy investors. These products, sold by wealth managers to their high networth individual clients, could have land or unfinished properties as underlying assets, with a buyback agreement after a certain number of years. With a minimum investment of Rs 10-15 crore (Rs 100-150 million), these products are sold to a small number of HNIs..............................................Full Article: Source
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