Property investors targeting India - Merrill Lynch

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PROPERTY investors are set to tap the lucrative Indian market during the US-led credit crunch, with the market set to grow 700pc by 2015, according to Merrill Lynch.

Legislative changes have made it easier for foreign investors to access the growing Indian market and amongst the most attractive investment opportunities is the new development of Rudrapur, where units start at just £28,950, according to Navyroof.com. Rudrapur is situated 250km north east of Delhi in northern India, near the Himalayas. The 4,200 acre development will employ 300,000 people upon completion and host several leading manufacturing companies, attracted by tax incentives, the availability of skilled labour, cheap energy costs and excellent transportation links. Andrew Fassnid...

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