NRI Real Estate and Property Investment in India
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NRI Hotelier to Invest in India
Saturday, January 05, 2008

One of the prominent figures of the US politics, hotelier Chatwal is all set to make his country proud once again by establishing 'boutique hotels' in India. Chatwal plans to invest over a billon dollars here.

"I have big plans for India. We are going to open up 25 hotels with an investment of over a billion and a half dollars. Our first venture has already started in Hyderabad two months ago," said Chatwal.

He further added that whatever knowledge and experience he had gained in America in terms of new technology, the new concept, big projects like modern boutique hotel industry, will be used in India.

The tycoon believes that India has immense potential and this is the perfect time to invest in the country. He said that things have changed and immensely under the tremendous leadership of Prime Minister Dr. Manmohan Singh.

Appreciating the growth in the Gross Domestic Product he said that every Non resident Indian (NRI) should see better potential in India to make investment than anywhere in the world.

 

 

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