Coimbatore, Tamil Nadu, India:
Ashton Gray Investments is a tech enabled platform allowing Indian retail investors to participate in the development and construction of Grade-A Real Estate assets in Texas, USA. Investors can participate with a minimum ticket size of 10 lakhs. Investors get monthly payouts and investment timelines generally span across a period of 12-24 months.
The US Real estate market continues to be one of the hot investments for real estate enthusiasts globally. International buyers bought $59 billion in U.S. residential properties from April 2021 to March 2022, up 8.5% from the previous year and breaking three consecutive years of declines, according to a new report from the National Association of Realtors. Foreign buyers bought 98,000 homes nationwide. Texas was the third most popular destination for foreign buyers in the U.S., representing 8% of their purchases.
Commenting on the growth Sudharshan Vembutty, Founder and President, Ashton Gray Investments, said, “We are happy with the positive and overwhelming response received by Ashton Gray Investments. This is an investment opportunity wherein Indian investors can participate in the development of Grade-A real estate assets in Texas, USA. We target an IRR of upwards of 18% for all the projects we undertake. In these times of high volatility, non-market linked investments should definitely have a place in your portfolio. We are definitely looking forward to investors being a part of our portfolio and benefit from our investment results and track record.”
Sumi Rengaraj, Co-Founder & CEO, Ashton Gray Investments, said, “We have launched our third investment opportunity in New Caney near Houston, Texas. This would be a unique opportunity to participate in the residential development of the project- The Landing Meadows. Our vision is to be committed to the quality of delivering projects and generating maximum and safe returns for our investors. We are truly overwhelmed by the investor response received so far and we would continue bringing more exciting investment opportunities for Indian retail investors looking for passive-income generating investments.”
Ashton Gray plans to expand operations in India in the next 12 months. The company currently has 20+ employees in India and is planning to add more to the talent pool to increase market outreach. Ashton Gray Investments has offices in Mumbai and Coimbatore currently. The company envisions becoming the leading player in international private equity real estate investments. For more information, kindly refer to the website www.ashtongray.in/www.ashtongraydev.com.
