Holidays in India

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India 'is good emerging market for buy-to-let investment'

India has potential for UK investors seeking to purchase buy-to-let properties, according to a property news service.

Young entrepreneurs and business professionals have emerged as potential tenants in cities such as Mumbai, Assetz reports.

Additionally, the Daily Telegraph recently claimed that India has benefited from high economic growth and that the real estate market is expected to rise five-fold.

The market is expected to include a search for 20 million properties during the next five years, it added, which could provide plenty of opportunities for property investors.

Ashish Jagnani, a real estate analyst who is based in Mumbai, told the publication that the property market will continue to be strong in the country.

"India's real estate opportunity is genuine, large and will last a long while - a prospect not lost on developers and capital providers," he said.

Meanwhile, the India Property 2007 exhibition in Dubai is set to be held this weekend.

JS Augustine, co-chairman of international exhibitions for the Maharashtra Chamber of Housing Industry, commented: "Commercial and residential [markets] are yielding high returns. Rentals have grown.

"There can not be a better time than now to invest in Indian real estate."

India announces wine tourism plans

Travellers heading off for holidays in India will soon have a new activity to keep them busy during their break - wine tasting.

Though the country is a lot less famous for its wine industry than destinations such as South Africa or Australia, the government in the state of Karnataka has announced new plans to extend wine tourism in the region.

Grapes are already grown in almost 9,700 hectares across the state and the new scheme will see the promotion of grape-growing districts of Bangalore and Kolar as well as the serene Krishna Valley near Bijapur and Belgaum.

Horticulture department sources told the Times of India newspaper: "Tourists can stroll through picturesque vineyards and be a part of the wine-making process. They can also buy fresh wine.

"Bijapur and Belgaum are heritage centres, and since they are close to Goa, a lot of tourists flock there. Now, wine tours will be an added attraction."

Holidays in India are becoming increasingly popular with visitors from around the world, with foreign tourist arrivals in the first quarter of 2006 11 per cent higher than the quarter before, according to Travel Daily News.

India holidays spark taste for curry

Holidays in India and other popular travel destinations have had a significant impact on British life, it has been claimed, while new trends for trips to places such as Australia is set to change things even more.

A poll from holiday firm Thomas Cook found that 87 per cent of people say they eat more foreign than British food these days, with India holidays making their mark and curries being voted the UK's favourite foreign food.

Meanwhile, Californian wines and other wines from the new world were voted Britain's favourite alcoholic drink from abroad, with 71 per cent of respondents saying that they are more likely to drink wines than traditional British drinks.

Nearly 80 per cent of people said that they prefer going abroad for their holidays.

A Thomas Cook spokesman said that without holidays to India and other destinations, we would have never developed our taste for things such as stir fries, wine, eating al fresco and cappuccino.

He added: "And as Britons travel ever further afield to Latin America, the Indian Ocean, Far East and Australia we're sure to bring home even more treats and surprises."

More than 600,000 British tourists visit India each year, according to Foreign and Commonwealth Office figures.

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