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45,000 Indian properties to go on show at Dubai event

DUBAI, December 10, 2014

More than 170 exhibitors are set to showcase 45,000 properties worth 24,000 crores Indian rupees ($387.2 billion) at a top property show in Dubai, UAE, starting tomorrow (December 11).

The 15th edition of the Indian Property Show will run till December 13 at the Dubai World Trade Centre,  and will inaugurated by Arbaaz Khan, a leading Bollywood actor, director and producer.

The organisers are expecting to be visited by about 18,000 homebuyers over the three days. The show has become a launch pad for developers over the years, said a statement.

The show has promised a mix of properties in India with developers coming from Tier 1, Tier 2 and Tier 3 cities, it said.

The buyers can look out for deals at the show’s Property Dhamaka, which will bring offers from participating developers that include discounts, exclusive deals, free property registrations and more for on the spot bookings.

Sunil Jaiswal, president, Sumansa Exhibitions, organisers of the show, said: “June was one phenomenal event wherein over 22,000 people visited the show while exhibitors did brisk business with increased number of enquiries and business transactions.

"And I hope to see the numbers going up once again. Investment in Indian Property Sector is best investment amongst all asset classes for various reasons including highest LTV, tangibility, less volatility, rental income and appreciating asset. And the icing on the cake is that Indian Property Market is huge and yet affordable compared to international investment destinations.

“Capital appreciation on real estate in India is far higher than the high-yielding deposits for non-resident Indians (NRIs). If you maintain a broad investment horizon and have chosen properties well, the capital appreciation on real estate translates into multi-fold putting all other asset classes behind.”

The exhibitors at the show include best of the Indian real estate developers, construction companies, banks and real estate agents. This year’s show will witness four distinct regional pavilions - North India, South India, West and Central India, and the Main Pavilion, alongside a special Credai Maharashtra section.

The visitors will also be entitled to get free advice from top Indian lawyers on any of their property related matter whether it is for new property purchase; concerns related to existing property; or tenancy laws.

The exhibition has been specially designed to meet the needs of non-resident Indians (NRIs) in the Middle East featuring the latest projects in India and diverse offerings from India’s finest developers.

The show will also feature a series of free seminars that have been designed to offer interesting insights and analysis for the attending delegates and will be conducted by some of the most influential property industry gurus, international fund managers, legal advisers and Vaastu expert.

The ‘Know Your City’ seminar will give visitors industry insights into new developments in India's bigger cities and guides buyers on the investment potential. - TradeArabia News Service




Tags: Dubai | property | Indian | Show | exhibitors |

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