Indian Property Show during National Day holidays

Advent of smart cities, cheaper home loans, devalued rupee, buyer friendly government policies among reasons boosting NRI investments into Indian realty

• Largest and most diverse Indian realty expo at Dubai World Trade Centre from 1st-3rd Dec, 2015. Over 170 reputed developers from across India to participate in the exhibition with over 45,000 properties on display.
• Win an apartment in India worth 25 lakhs (Dhs. 150,000) at the 25th edition of the show.On the spot booking discounts, offers and 2 daily air tickets to be won.

Dubai UAE, November 29, 2015:  Indian expatriates in Dubai can look forward to spending their National day holidays by making a visit to Indian Property Show scheduled to be held from Dec 1-3, 2015 at Hall No 2, Dubai World Trade Centre. At the upcoming expo, besides researching for their dream home or that ideal investment, the visitors also stand a chance to win an apartment worth Rs. 25 lakhs (Dhs. 150,000 approx) at the exhibition. The property to be won is a 1 BHK apartment in Mumbai. Moreover, they can expect to avail great bargains, discounts, exclusive offers from over 170 participating developers plus an opportunity to win 2 daily air tickets to India courtesy Jet Airways.

“The advantage that UAE-based NRIs have, that they earn in Gulf currencies that have traded strongly against the rupee. This off-sets a part of the house cost already. Government is in a mood of creating buyer friendly environment and the real estate sector looks promising for the next 5 years. Recently there has been a lot of action in commercial sector with Mumbai locking in returns of 12 to 19 % per annum, Bangalore 11 to 12% and Delhi- NCR 8 to 10% .Additionally, the Government of India has announced a host of measures to spur the real estate sector, which include an allocation of Rs 7,060 crore (US$ 1.16 billion) for the development of 100 smart cities. Also RBI has cut repo rate thrice in less than 9 months which has brought down home loan interest rates to 10.25%. So it’s a good time to invest in the Indian Real Estate market”, commented Sunil Jaiswal, President - Sumansa Exhibitions, organizers of Indian Property Show.

“Having travelled to many cities across the world including London, Durban, Hongkong, Singapore, Muscat, Doha, it gives me immense pleasure to announce that our 25th edition of this internationally acclaimed exhibition will be happening in Dubai, the city where it was born in the year 2006. As this would also be our silver jubilee edition, we thought of making our upcoming expo more exciting for visitors by giving them a chance to own their home in their homeland. Many of us work very hard towards building that home, sometimes investing all our lifesavings in creating one. However, here we present an exclusive concept wherein all visitors coming to attend the upcoming Indian Property Show will have their name put into a draw for winning an apartment in India. There are no conditions, only your luck must favor you. All visitors to the show will stand an equal chance regardless whether you close a deal, come to gather information, just enquiring or simply window shopping”, added Sunil.

Commenting on the positive real estate outlook, Ashwinder Raj Singh, CEO - Residential Services, JLL Indiasaid, “The outlook is extremely bright owing to several factors that are now playing out. Firstly, the economy is on an upswing, and this will result in better demand. Secondly, due to the Smart Cities, ‘Housing for all by 2022’ and AMRUT initiatives being activated by the Modi government, the real estate sector is going to see a lot of action. Thirdly, the recent announcement by the government easing the Foreign Direct Investment norms in construction sector will give a boost to the construction sector. The rules regarding minimum built-up area and the capital requirement will go a long way in helping to alleviate the sector’s liquidity issues, and will give a lot of stimulus for growth”

“There are various forms of investment such as gold, fixed deposits, the equity market and bonds available, but real estate is the safest bet in the long run - and the most reliable investment instrument. Most of the properties built a few decades ago have easily yielded a return of 200-300%. No other investment tool can give comparable results”, added Singh.

The  forthcoming Indian Property Show will feature over  170 developers from all over India showcasing more 600 projects and about 45,000 properties  from Delhi, Noida, Greater Noida, Gurgaon, Jaipur, Kolkata, Goa, Ahmedabad, Mumbai, Navi Mumbai, Pune, Chennai, Coimbatore, Hyderabad, Bengaluru, Mangalore, Kochi & many more cities.Free educative and informative seminars have been the highlight of the event, buyers can attend these sessions to know about the do’s and don’ts of property investment, key investment and high growth Indian cities, legalities, vaastu, taxation plus can also get free advice from legal experts on various property related issues. To help NRIs sell their existing property in India, the show is bringing in property brokers from across India who can work on getting a good deal for the sellers. 

Participating developers at the exhibition include Indiabulls, Bhartiya City,Lodha Group, Kanakia, Kalpataru, Wadhwa Group, L&T, Ozone Group, Mantri Developers, Sobha Developers, Goel Ganga, Rachana Lifestyle, Godrej, Unique Group, JP Infra, Sheth Creators, Akar Realty, Sunteck India, Suvilas,  RajeshLifeSpaces, Saarthi Group, Jaypee Greens, ATS, Satya, Unnati fortune, Supertech, Risara, Antrikshamong others.