The Indian Property Show, hosting 170 developers including the cream of the Indian real estate, construction companies and banks exhibiting over 600 projects, opened its doors in Dubai, UAE, today (December 1).

The event inaugurated by Arbaaz Khan, the Bollywood actor and brand ambassador of the show, is being held at Dubai World Trade Centre until December 3.

Visitors can explore a variety of property exhibits from India and have one-on-one contact with developers. They can also attend educative seminars, survey finance sources, and avail attractive promotions, pre-launch offers, exclusive deals and lucrative discounts. Children, too, will find representation at a special art contest where they can win gold bars worth Dh44,000 ($11,980).

Sunil Jaiswal, president of event organisers Sumansa Exhibition,s said:  “With rupee depreciation by 20 per cent around US dollar – which translated into bigger remittance – this is a very good time specifically for NRIs to invest in Indian property.”

“The other driving force is that real-estate is one of the fastest-growing sectors in India with positive prospects and with higher returns on property. Already, projects like 100 smart cities planned across India have captured NRIs’ eye and with the government easing FDI flow in such projects, the investment is expected to boost further.

“Measures such as easy payment plans offered by builders, more affordable, smaller units and more realty development in Tier II and III cities have been significant in improving the property market outlook. While the top tier cities continue to remain popular, NRIs are also showing increasing interest in cities like Pune, Chennai and Hyderabad, where they find higher chance of capital appreciation. Experts also predict that cities like Indore, Chandigarh, Jaipur, Kochi and Coimbatore will also be in focus next year,” he added.

“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 per cent. No other investment tool can give comparable results”, said Ashwinder Raj Singh, CEO – Residential Services, JLL India.

Promotional offers, deals and discounts: From Property Dhamaka offers including unbelievably low-interest loans and fabulous discounts to return tickets to India by Jet Airways, visitors at the realty expo will be experiencing far more than just a shopping trip. The event also offers visitors a fantastic chance to Win An Apartment worth INR25,00,000 ($37,500).

Indiabulls and Bhartiya City are the Platinum Sponsors of the property show, while Jet Airways serves as the Official Airline Partner. Sony, Times Now and AajTak are the Official Television Partners with 89.1 Radio 4 as the Official Radio Partner and Etisalat as the Official Telecom Partner. The Remittance Partner is Wall Street Exchange and the Knowledge Partner for the exhibition is Jones Lang LaSalle India. – TradeArabia News Service