Maharashtra .... one of the hottest property destinations for expats.
Indian Property Show to feature top line-up
DUBAI, December 7, 2014
The forthcoming Indian Property Show in Dubai, UAE, has lined up an impressive array of showcase companies, including Credai Maharashtra, which will feature real estate projects from the Indian state of Maharashtra.
The event will be held from December 11 to 13 at Dubai World Trade Centre.
Varied properties from various cities in Maharashtra, namely Aurangabad, Kolhapur, Nagpur, Nashik, Pune, Sangli and Solapur will be promoted, a statement said.
Credai Maharashtra (Confederation of Real Estate Developer's Associations of India) is the apex body of the organised real estate developers/builders across the state of Maharashtra (excluding Mumbai).
Seventeen district level associations spread across the state are members of Credai Maharashtra, with over 1,400 individual member developers encompassing over 75 per cent of the organised private development in the state.
Many towns and cities have developed or are developing at a rapid pace and can be an option worth exploring for people wanting to invest in the state. As the participating developers are Credai members, it gives a lot of confidence to homebuyers who can be assured of support from the industry body itself, said the statement. Credai Maharashtra has imposed a model code of conduct for its members and set up grievance redressal cells in most cities for consumers.
Nyati Group, Pride Purple, Amit Enterprises, Vivansa, Rachana Lifestyle, Saarrthhi Group, Goel Ganga, Pyramid Arkade, Capitol Heights, Naik Navare and G Corp are the developers showcasing their projects under the Credai Maharashtra pavilion at the exhibition.
“Maharashtra, one of the largest states in terms of population and area in India, happens to be one of the hottest destinations for the realtors and investors in India,” said Sunil Jaiswal, president, Sumansa Exhibitions, organisers of Indian Property Show.
“Many cities of the state such as Navi Mumbai, Pune, Nashik and Nagpur are offering interesting proposition for property investors. Today Pune tops the chart amongst India’s key destinations for property investments. In Pune, property prices have appreciated between 10 to as much as 70 per cent in Hinjewadi, Baner, Kharadi, Kalyani Nagar, Wakad, Pimple-Nilakh and Pimpri-Chinchwad areas.
“Also, Navi Mumbai is exciting with lots of opportunities for new home buyers. Localities like Ulwe and Kalamboli are promising with immense benefits from the upcoming rail network in the region,” added Jaiswal. – TradeArabia News Service