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Double win for Jumeirah Golf Estates at India awards event

DUBAI, August 5, 2016

Dubai’s Jumeirah Golf Estates, host of the DP World Tour Championship, has taken home two major awards at the World’s Best Realty Brand Awards 2016 Asia.

The awards ceremony was held at an exclusive event in New Delhi, India, recently.

Jumeirah Golf Estates’ high-end collection of villas and townhouses, Redwood, overtook competition from across Asia to be crowned ‘Luxury Project of the Year’.

Meanwhile, the spotlight shone brightly on the community’s affordable luxury development of 715 apartments and townhouses, Alandalus – which was named the ‘Most Admired Upcoming Project of the Year.’
 
Underscoring Jumeirah Golf Estates’ appeal to Indian buyers – who contributed Dh7 billion ($1.9 billion) to Dubai real estate sales in H1 2016 - the awards ceremony saw the world-class luxury lifestyle development recognised amongst the best in the Asia region, a statement said.

Yousuf Kazim, CEO of Jumeirah Golf Estates, said: “Our luxury lifestyle offering is in sync with the demands of Indian buyers and to be recognised by this leading real estate industry authority is testament to Jumeirah Golf Estates’ resonance with the Indian market, and the wider Asia region.

“We are experiencing an influx of demand from the Indian market and as Indians re-emerge as the largest group of investors in Dubai real estate outside of the Arab world for the third year running, we are constantly renewing our focus on this strategically important market. The results of this are clear, with appreciation and recognition of our proposition in India now at new heights,” said Kazim.

Ahead of the awards ceremony, Jumeirah Golf Estates announced the launch of a limited number of Redwood Park Phase 2 townhouses, with prices starting from Dh2.51 million; while Alandalus continues its development in the lead up to its on schedule handover in 2018.

Kumar Saurabh of the World’s Best Realty Brand Awards said: “The awards have played a major role in deciding the roadmap for the real estate sector. Every time we organise our conclaves and awards, there is a lively exchange of fresh new thoughts and ideas."

He added: "We endeavour to honour Jumeirah Golf Estates with two awards as they have gone to extraordinary lengths for creating commendable projects."

Commenting on the key to Dubai real estate’s success in the Indian market following the awards ceremony, Kazim concluded: “In addition to Dubai’s tax free environment, Indian buyer and investor confidence in Jumeirah Golf Estates has been boosted by competitive prices per square foot, in comparison to metropolitan cities in India. Furthermore, a move by the Reserve Bank of India to allow investors to freely send up to $250,000 overseas to buy property paired growing transparency in the emirate’s real estate market, positions Dubai as an real estate investment hotspot in the eyes of the Indian market.”

The World’s Best Realty Brand Awards Asia 2016 received entries from across the real estate industry - from builders, developers and interior designers to architects and property advisors. The entries were judged by an independent jury in New Delhi throughout July 2016, the statement said. –TradeArabia News Service
 




Tags: India | Jumeirah Golf Estates | Awards |

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