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Indian developers unveil key projects at Dubai expo

DUBAI, June 28, 2018

Leading developers from India showcased their latest projects to thousands of prospective home-buyers, investors, real estate and infrastructure professionals at the 22nd edition of the Indian Property Show, held recently in Dubai, UAE.

A prime event for the bourgeoning real estate sector in India, Indian Property Show was organised by Sumansa Exhibitions at the Dubai World Trade Centre last week.

The entry to the event, which was free, helped the buyers and investors to walk through the entire property buying process along with experienced property investors and financial advisors who will be there to help buyers make the best decisions, said the organisers.

The three-day show hosted some of the biggest names in the business including Adani Realty, Prestige Constructions, L&T, House of Hiranandani, Shapoorji Pallonji, Brigade Group, Lodha, DLF, Sobha and Godrej among others who will showcase their latest commercial and residential developments to several buyers looking to tap into the rich Indian investment landscape.

A key highlight of the event was the interactive seminar series by some of the notable property gurus to update buyers on investment landscape, legalities, taxation, Rera, high growth cities in India along with Vaastu and space energy.

Since it was conceived as a family event, the organisers had a separate kid’s area to keep the children occupied as the parents hunted for their 'paradise.'

According to a report by JLL and CREDAI, the real-estate sector is hugely important to the Indian economy and currently accounts for between five to six per cent of the country’s GDP and is estimated to make up 11 per cent of GDP by 2020.

Additionally, the introduction of policy reforms such as Rera, Goods and Services Tax (GST) and the Benami Property Act have instilled confidence in consumers especially from the Gulf who have a keen interest in Indian realty.  

Prime projects including the iconic WTC Noida, the world’s largestworld trade Centre, plus other high-end commercial plots, along with apartments, villas, holiday homes and row-houses were on display at the premier Indian Property show, a one-stop shop for buyers to efficiently evaluate and compare property options and make informed decisions.

Bengaluru-based Vajram Group unveiled its Vajram Esteva, a cluster of 106, (2,122 sq ft - 3,232 sq ft) ultra-luxury apartments in Bengaluru and Vajram Tiara, a cluster of 237, (1,982 sq ft – 3,472 sq ft) luxury apartments. The company has introduced a discounted spot booking offer that includes Rs200 off per sq ft.

Additionally, they had special offers including a zero per cent interest scheme with no EMIs until possession along with two-free return air tickets to India for buyers who booked at the show.

Brigade Group has launched a Brigade Easy Home Carnival which includes a fixed price on all ready to move in projects in five South Indian cities including Mysore, Bengaluru, Ooty, and West Chennai among others, said the organisers.
 
Mumbai-based Sunteck Realty Limited offered buyers a 10 per cent down-payment plan and no EMIs until possession for their residential developments in Borivali East, Airoli, Goregaon West and Andheri West.

Kowshik Mukherjee, the head of Indian Property Show and chief operating officer of Sumansa Exhibitions, said: "Our aim isto create a transactional platform for buyers to engage with theresidential and commercial property sector in India, showcase the latest developments within the country, while at the same time educate and inform property buyersthrough a series of seminars and workshops presented by successful investors and property thought leaders."

The Indian Propertyshow is supported by CREDAI Maharashtra and sponsored by Silver Sponsor Adani Realty.  

"Our 2017 edition surpassed all expectations with notably high visitor numbers, busy seminar halls that addressed key issues facing buyers and investors and profitable deals from developers," noted Mukherjee.

"As always we are hoping to provide buyers the properties from across India from some of the reputed developers, visitors can get exclusive deals, pre-launch offers and best prices at our exhibition," he added.-TradeArabia News Service




Tags: Dubai expo | Indian developers |

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