Indian Property Show sees Dh213m deals

The 8th edition of Indian Property Show is expected to generate $58 million (Dh 213 million) worth of business, the organiser said.

To be held on June 16-18 at Dubai World Trade Centre, the show will feature more than 250 projects worth $2.232 billion by over 50 developers. Around 70 per cent of the projects are residential while 30 per cent offer commercial and retail space.

The 3-day exhibition offers a snapshot of Indian property market as a whole. Visitors will be able to look at a spectrum of properties available, different investment options, financing sources, Vaastu consultations and sorting out legal queries, all under one roof. Real estate and construction companies to be participating in the event include Unitech Ltd, Vatika Group, Godrej Properties, Hiranandani, Ansal Housing, India Bulls, Jaypee Greens, Lokhandwala, Ireo, Arihant Superstructure etc.

“The Indian property show connects buyers and developers at an opportune time, with the Rupee slated to be strong against the dollar and demand for property at a high, we will again witness rise in property prices in India in near future and hence this is a right time for the investors to buy the property. Also those keen to expand their financial portfolios with real estate as a hedge against rising inflation and those looking to maximize their ROI should definitely visit Indian Property Show,” said Sunil Jaiswal, CEO Sumansa Exhibitions.

The last show saw more than 17000 visitors, the organiser said in the statement.

The exhibition also features seminars by some of the most influential property industry gurus, international fund managers, and legal advisers. The seminar will talk about the upcoming projects, infrastructural development that these cities will witness making them a lucrative option to invest. Some of the cities in focus are Mumbai, Pune, Bengaluru, Chennai, Gurgaon, Noida, Kochi etc.

Banks and financial institutions such as HDFC, who are participating in the upcoming show, are hoping for good business.

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