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Fourteen top developers from India will be showcasing over 100 projects, giving non-resident Indians (NRIs) in Abu Dhabi a chance to buy a property back in India on affordable to luxury properties starting from Rs1 million to Rs10 million.
Future Exhibitions and Promotions (FEP), an exhibition and event management company, will be holding the inaugural “Property India 2011” exhibition at Sheraton Hotel, Abu Dhabi, from February 11 to 12. The focus will be on affordable and luxury homes with property prices ranging from Rs1 million to Rs10 million.
The two-day exhibition will provide a unique platform for NRIs to get first-hand information on the current Indian real-estate scenario from the people directly involved in the industry on a day-to-day basis, discuss with the builders about their latest projects, facilities, amenities offered, prices and payment plans.
Syed Asim, Managing Director, FEP, said: “We are confident that the two-day exhibition will prove to be a tremendous opportunity for the NRIs interested in investing in the Indian real-estate sector to meet the major builders and developers first hand, learn about what the Indian real-estate sector has to offer and make informed decisions.”
Asim added: “Within the last decade the India Property scenario has gone through positive changes triggered by the boom in the IT/ITES sector, changes in government policy and a robust Indian economy as a whole. With prices just about right and properties plentiful, now is an opportune time for NRIs in the UAE to invest back home.
Farukh Khan, CEO, NewMark Consultants ME, said the exhibition will also be held in Riyadh and Jeddah in coming months, as the NRIs there are quite interested in buying properties back home, mostly in South India.
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