Indian Property Show opens Thursday in Dubai
Dubai, June 10, 2014
More than 500 projects, 40,000 properties exhibited by more than 150 developers and a large spectrum of options budget, mid-high end and luxury property buyers will be featured at the Indian Property Show opening in Dubai on June 12.
The three-day show, which will also exhibit both residential and commercial properties, will be inaugurated by Bollywood Icon and Indian Property Show brand ambassador Arbaaz Khan at Dubai World Trade Centre.
“The Indian real estate sector continues to be a favoured destination for investors. The urban population will surge in the coming years, which, coupled with growth in employment, education and health care, will push the demand for residential and commercial space,” said Sunil Jaiswal, CEO Sumansa Exhibitions, organisers of the show.
“According to market analysts prices are expected to move up in the second half of 2014, Pan India residential property market may remain cautious, but cities offering better affordability and ROI will pick up. Certain pockets in cities like Pune, Chennai and Bangalore that are seeing real-time infrastructure enhancements will show price rise,” he added.
“Real estate sector has given a red carpet welcome to a stable government. The market is extremely positive and bullish. Realtors and local players expect that market is now all set to pick up after the polls and with PMO’s declaration of goal to develop at least 100 cities over a period of 5 years, a high paced double digit growth is expected,” said CEO of Investors Clinic Honey Katiyal.
Pratik Patel, director - Rajesh LifeSpaces, said: “We expect a great response to “White City Kandivali, Mumbai” project which will be shared with visitors at the upcoming exhibition. We would also utilize this opportunity to pre-launch our Thane projects while expecting to sell a minimum of 25,000 sq ft at the show.”
The show is specially designed to meet the needs of NRIs in the Middle East featuring the latest projects in India and diverse offerings from India's finest developers, he added.
Property Gurus, Vaastu consultants and legal advisers will conduct free seminars to provide guidance on investments options, legal aspects and Vaastu tips, Patel said.
Know your City free seminars on high-growth cities will be conducted by industry experts enhanced with the addition of new cities.
This year’s show is expecting a footfall of 17,000 visitors and will witness four distinct regional pavilions: North, South, West and Central India alongside a special CREDAI Maharashtra section.
Visitors at the Indian Property Show will be offered free advice on any of their property related matter whether it’s for new property purchase; concerns related to existing property, tenancy laws etc., a statement said. – TradeArabia News Service