With a long weekend ahead and many residents expecting to travel, we look at the current trends in the marketDecember 1, 2015 10:08
The largest exhibition of Indian properties “Indian Property Show” comes to Dubai for the 7th time
The three day exhibition will provide a unique platform for Non Resident Indians in UAE.
November 12, 2010 4:20 by Rasha Reslan
Following years of overwhelming success, Sumansa Exhibitions, a company specializing in organizing property exhibitions, brings in “Indian Property Show” to Dubai for the 7th time with a greater portfolio of developers from across India. The exhibition will be held at Airport Expo-Dubai from 25th-27th Nov, 2010 and for the first time will feature a luxury pavilion showcasing properties worth 2 crores (AED 1,6 M approx ) upwards.
The three day exhibition will provide a unique platform for Non Resident Indians in UAE to interact face to face with Indian property developers, financial institutions, legal advisors, Vaastu consultants and more all under one roof. There will be seminars which will offer visitors opportunities to learn about issues such as the principles of Vaastu, legalities of buying property and the do’s and don’ts of financing among others.
Announcing this year’s show Mr. Sunil Jaiswal, CEO Sumansa Exhibitions stated, “Despite the global financial crises and the resultant economic downturn, the Indian economy was quick to recover and has retained its position as the fastest growing economy in the world. India is the top place to invest right now especially the Indian property market is immensely promising for a wide variety of reasons. According to a recent study, returns from rental incomes on investment in commercial property in metros, is around 10.5%, the highest in the world. Real estate in India is now considered as one of the hottest investment options as
compared to bank deposits or bonds where your return ranges between 5.55 to 6%.”
“The demand for housing is gradually increasing. More and more people are investing in housing today. With these figures on the rise, the demand is slated to
increase to 3 times the supply by 2014, making it now the right time to invest in property. The Indian Property Show 2010 is designed in a unique way to make all buyers/investors benefit from this boom.” added Jaiswal.
“Investing in the Indian Real estate market is still a preferred choice for Non resident Indians (NRIs). Unlike other markets, the Indian realty sector has been relatively unaffected by the recent global turmoil. At the Indian Property Show, ICICI Bank is offering NRIs a chance to own their dream homes at competitive interest rates. The ICICI Bank team will be available at the venue to address all queries regarding home loans in India”, said Mr. Pankaj Ganjoo, Regional Head, Middle East & Africa, ICICI Bank.
The Indian Property Show 2010 will bring in about 65 of the best builders with the best properties and clubbed with the most suitable financing options at the most lucrative rates. Visitors can meet, interact and discuss with the best in the business or even seek advice from industry experts. Some of the developers at the show are: Unitech Limited, Reatox Group of companies, Jay Pee Greens, Aamrapali, Ansal Housing, Raheja Universal, Vatika Group, Panchsheel, Godrej Properties, Mantri Developers Bengaluru, Sunil Mantri Realty etc.