Crucial Destinations For Real Estate Investments By NRIs

NRIs have the greatest opportunity to invest in the Indian real estate market. After receiving subsidies of 18% on foreign remittances, non-resident Indians are looking for the perfect avenues of investment. If their past investment records are anything to go by, foreign investors opt for real estate purchases before anything else. Real estate has always been the favorite in this context.

Whether you wish to invest in a residential unit or a commercial space, the entire investment procedure will involve numerous aspects. Other than looking for highly efficient property dealers and engaging in market research, buyers will also need to search for the best properties.

Assessing your choices

A real estate property buyer needs to assess various factors before finalizing the deal. Firstly, they should have a clear idea of the right avenues. If it’s a residential investment, locations, facilities, and amenities are the prime factors worth considering. If the investor plans to buy commercial plots, they will require considering other significant aspects. Some of them include:

•          IT spaces
•          Front-office spaces
•          High-end retail spaces

Quite naturally, these factors indicate towards the increasing importance of choosing the perfect destination. If you are planning to make foreign investments in India, here are some of the locations for you to choose.

1. Chennai

The predominance of an active market and industrial operations have made Chennai the best location for real estate investment. Since NRIs have plans of returning to the country after a certain time, they will surely to wish to buy a property in and around the industrial hubs.

2. Mulund

Whether it is for the ambience, the lifestyle, or climatic conditions, Mumbai has always been a favorite amongst NRI investors. If you are one of them, you can also buy luxurious flats in Mulund, since the place is developing at a rapid pace.

3. Kochi

Thanks to the trade activities and industrial opportunities in Kochi for making it a highly preferred destination for real estate investments. From infrastructural development to exquisite housing options, you will come across quite a few growth drivers in this place.

With these options and choices, NRIs will have the chance to invest in the right properties including residential flats in Mulund.

The When, What, and How of Outsource Research

In the past few decades, the research market has experienced different techniques of market researching. Numerous tools have been introduced to simplify the process and they have successfully established their place in every market research company. After all was said and done, market research companies were started and they gained immediate popularity. Organizations started to outsource research-related activities to these research companies and paid them for their services. What initially started out as a domestic activity soon became an international work.

What is Global Outsourcing?

Organizations that wish to conduct market research surveys regarding their products and services, employ a market research company to do it on their behalf. When organizations approach research companies that are located outside their own country to outsource research, it is termed as “global outsourcing.” These companies are situated offshore. The offshore team handles all the business activities of the onshore and ensures quality work.

How Organizations Outsource Research?

Outsourcing takes place between an organization and a company that has specialized in market research. Organizations look for Business Process Outsourcing (BPO) Providers and shortlist the companies that they wish to do business with. They look for outsourcers who have a customer service support, a sizeable staff, data entry service, and the like. The organization outsources the work to these companies at the pre-determined price.

Since it is a contracted work, cooperation from both the parties involved is necessary. The employees or the staffs at the outsourcer’s end then carries out the research process. They are assigned deadlines for their work and it is mandatory for them to meet the deadlines. The finished research results are delivered to the client (organization), for which the outsourcers get paid.

When Should You Consider Outsourcing Research?

Outsourcing research has been argued over for a long time. It is perhaps the most effective way of conducting a market research. To make the ultimate decision, it is important to notice the signs that tell you to consider outsourcing. Here are a few reasons why you should outsource research.

•  Outdated Research Tools

If you find your organization constantly battling to keep up with the latest research tools, you must look for an outsourcing destination. Outsourcers maintain up-to- date instruments for conducting research for their clients.

•  Increased Management Costs

Managing a large office and having a big data center requires capital. Instead of spending extravagantly on research-related jobs, it is wise to hire an outsourcer.

•  Understaffed

Conducting a market research on a regular basis requires employees who are skilled to carry out the function. However, training them requires funds, which may burden you during payments. If you are caught up in such a situation, decide to outsource today and save up to 40% of your capital.

Outsourcing is quite an interesting chain of acquiring data. It not only benefits the two companies involved but also the employees as it creates many job opportunities, which has given rise to outsourcing as a separate industry.