The 9th India Property 2007 - Dubai being organized by The Confederation of Real Estate Developers Association of India (CREDAI) and Maharashtra Chamber of Housing Industry (MCHI) will be held at Dubai Renaissance Hotel, Dubai from December 6-8.
Leading developers from the Indian real estate sector would be participating in India Property 2007, Dubai, showcasing both residential and commercial properties from places like Mumbai, Navi Mumbai, Pune, Nashik, Goa, Bangalore, Kolkata, Cochin, Chennai, Lucknow, Nagpur, Thane and Hyderabad among other places.
Dubai is a major hub of commerce and industry in the UAE, and increasingly developing for service industries such as IT and Finance. An estimated One million Indians reside in Dubai, with a sizeable population consisting of professionals in varied fields such as doctors, engineers, bankers, finance experts, managers and so on.
With their industrious nature and diligence in duty, NRIs in Dubai today are well placed in society, commanding the respect from the local people as also high net worth individuals, making them a potentially rich market for real estate investments in India.
J.S. Augustine Co-Chairman, International Exhibitions, MCHI said, "Indian Property is reaching new heights every year. The Developers offer many new and improved projects for NRIs to choose from. CREDAI/ MCHI facilitate the process in a transparent way and helps the NRIs to have peace of mind. They can feel secured through this forum brought to their door step."
Sharing his views on India Property 2007, Dubai, Nainesh Shah, Chairman, International Exhibitions, MCHI, said, "Our property exhibitions in Dubai provide a perfect platform, facilitating a direct interaction between NRIs in Dubai with leading developers from India, offering them a bouquet of properties to choose from. Today, due to rapid growth in Indian realty, NRIs are looking at buying property in India with a dual purpose of fulfilling their basic wish of owning a home of their own, at the same time a good investment opportunity, in one of the fastest growing economies of the world."
Adding further Zubin Mehta, CEO, MCHI, said, "The Indian Real estate industry is currently growing at a robust rate, which is considered the growth driver of the Indian economy. Looking at tremendous growth potential in this sector, leading International developers have now joined hands with their Indian counterparts to be part of this success story, sharing their expertise, resulting in International quality construction with better amenities for the end buyer."
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