Indian Property Show opened at Dubai World Trade Center

Weak Rupee to catapult NRI investments

• Biggest realty expo featuring over 150 developers from across India. 4 distinct pavilions, educative seminars and affordable to luxury property showcase of worth billions of dirham.
• Indian Govt. approval on Real Estate Regulation Bill to propel realty boom.
• Sector expects 30% growth over the next decade, market size to touch USD 180 billion by 2020

June 11, 2015; Dubai, UAE: Indian Property Show opened in Dubai on Thursday amidst positive realty sentiments. The 3 day property expo was inaugurated by the Chairman of Dubai Chamber of Commerce and Industry, HE Majid Saif Al Ghurair on Thursday at Hall No 6, Dubai World Trade Center. Running until Saturday, 13th June, the property extravaganza will be open to visitors between 11:00 am to 8:00 pm every day with free entry and provision for free parking.

“The weaker rupee and the recent approval of the real estate regulation bill 2013 are expected to renew the NRI interests further and propel the real estate investments. The Bill is a pioneering initiative to protect the interest of consumers, to promote fair play in real estate transactions and to ensure timely execution of projects”, said Sunil Jaiswal – President, Sumansa Exhibitions, organizers of Indian Property Show.

“It has been predicted that by 2030, Indian cities will be home to 800 million people. Which means 70% of India’s total population will live in cities. To accommodate the demands of an urban expansion of such a speed, Xrbia’s mission is to build ‘100 new cities by 2030”, said Mr. Rahul Nahar, founder of Xrbia.

Speaking on the impact of this bill on NRI investment, Sakshi Katiyal, Chairperson Home & Soul adds NRIs look for safe and profit driven investments. NRIs go through a number of hassled procedures to achieve the same. The buyer-seller transparency is surely going to vitalize the number of investments in future resulting in the next Real Estate Sector boom.

“NRI Investments will get a boost as a result of the bill as it will bring in lot of transparency. The application of RERA will regulate many key concerns related to quality, timely delivery, pricing etc”, said Mr. Nagraj Nallu, Director at Newage Realty.

Commenting on sector’s growth prospects, Ashwinder Raj Singh, CEO - Residential Services, JLL India said, “Regardless of its speed of growth, the fact remains that the Indian real estate sector is a dynamic one, and that long-term investments into it will pay off very well as long as the investment decision is sound. The sector is expected to grow at 30% over the next decade across the housing, retail, hospitality and commercial verticals. The market size is expected to touch USD 180 billion by 2020.

Advising NRIs he further added that, Indian real estate is a hot investment proposition. As inventory has piled up in the two major cities of Delhi (the political capital) and Mumbai (the financial capital), customers can currently expect to get good bargains in these markets, as developers are offering discounts and attractive financial schemes like 20:80, 30:70, and 10:80:10. The advantage that UAE-based NRIs (by far the largest contingent) have is that they earn in Gulf currencies that have traded strongly against the Indian National Rupee. This factor off-sets a part of the house cost already.

Whatever is your idea of a dream home, whichever location has taken your fancy- and suits your budget- you are sure to find a suitable property. This extensive property exhibition is an ideal platform to meet developers, estate agents, financers, legal experts and vaastu consultants all under one roof. Here are a few top reasons why Indian Property Show is an extravaganza not to be missed!

Widest choice of Properties from across India:With over 150 developers from all over India you will be spoilt for choice. There are 4 distinct regional pavilions alongside a special CREDAI Maharashtra section.The show brings you properties from Delhi, Noida, Greater Noida, Gurgaon, Jaipur, Kolkata, Goa, Ahmedabad, Mumbai, Navi Mumbai, Pune, Chennai, Coimbatore, Hyderabad, Bengaluru, Mangalore and many more cities. Some of the participating exhibitors at the show are Home & Soul Infratech,Xrbia Developers Ltd,Newage Realty,Hiranandani, JP Infra, Kalpataru, Kanakia, Lakhani Developers, Lodha Group, Mantri Group, Paradise, Wadhwa Group, Saya Homes, Antriksh Group, Covai Property Centre (I) Pvt Ltd, Poomalai Housing, Artha Properties, Ansal Housing, SuvilasProperties, Ozone Group, ShapoorjiPallonji, Rachana Lifestyle, Investors Clinic,ICICI bankamong many others.

Informative Seminars and Sessions: Free, interactive and informative seminars will be held on all three days of the show from 1:00 pm – 8:00 p.m. These seminars aim to guide you on the booming real estate market within India and help answer crucial questions like investment opportunities, property hot spots, where to invest and why, property trends and outlook etc. Additionally,seminars focusing on Vastu and legalities will be held too.

Free legal advice on all property related matters: Top rated lawyers from key Indian cities would be present at the respective regional pavilion. Visitors at the Indian Property Show are entitled to get free advice on any of their property related matter whether it’s for new property purchase; concerns related to existing property, tenancy laws etc. Besides guidance on real estate matters, there will also be informative and educative “Legal Seminars” by leading advocates from the different regions across India.

Exclusive offers from participating exhibitors:Show’s unique “Property Dhamaka” feature is offering exclusive deals and discounts for on-the spot bookings by many developerswhich includeattractive EMI and down payment options like 20:80, free air tickets for property visit, holiday package, assured buy back scheme offering to double investment in 3 years, surprise gifts and prizes plus many other unbelievable offers.

Exhibitors Partnering and supporting the show as sponsors are Home & Soul Infratech and Xrbia Developers Ltd as Platinum sponsors, Newage Realty as the Property sponsor, ICICI bank as the Preferred Financial Partner and Emirates Airline as the Official Airline. Show is also supported by CREDAI Maharashtra and organized by Sumansa Exhibitions. On board, for the first time as Knowledge Partners for the exhibition are Jones Lang LaSalle India.