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Not Quite
by Gopal on Jun 02, 2006 02:13 AM

A. Please note that its only the initial investment that is 10 lakh. Its not the total cost of the property which could start from 1 crore upwards.
B. Building on it will cost additionally.
C. Without a building you cant even rent it out for income which could very well do in India.
D. With RBI caps in place, it will take you ten full years at least to completely become owner of the property, which means you only are in qualified ownership during that period.
E. Personal view, the outfit pitching this seems a bit shady - if they can suggest buying land in another country for investment purposes without ever using it - thats pretty much squatting.
F. Most importantly, why does this entire article seem to be a SALES PITCH?

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Grab that pie of British realty