Friday 19 July 2024

Major builders to take part in Indian Property Show

Dubai, November 9, 2010

A greater portfolio of developers from across India will take part in the seventh Indian Property Show to be held in Dubai later this month.

The exhibition, organised by  Sumansa Exhibitions, will be held at Airport Expo-Dubai from November 25-27.
For the first time, the show will feature a luxury pavilion showcasing properties worth more than Rs2 crores ($451,500).
The three-day exhibition will provide a unique platform for Non Resident Indians in UAE to interact with Indian property developers, financial institutions, legal advisors and Vaastu consultants under one roof, said a spokesperson.

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.

Sunil Jaiswal, CEO, Sumansa Exhibitions, said: “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 and 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 per cent, the highest in the world. Real estate in India is now considered as one of the hottest investment options.”

At the 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 Pankaj Ganjoo, Regional head, Middle East & Africa, ICICI Bank.

About 65 builders are expected to take part in the show. – TradeArabia News Service

Tags: Dubai | ICICI Bank | NRI | builders | Indian Poperty Show |

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