NRI investments from Dubai to reach USD 100 billion by 2020.
Over 200 developers and over 18,000 visitors expected at the exhibition
Thursday, November 9, 2017; Dubai, UAE: The popular Indian real estate exhibition, the Indian Property Show which has been instrumental in fulfilling dreams of millions of NRIs across the globe, is presenting Best of India in its 21st Dubai edition. The Indian Property Show has partnered with CREDAI (The Confederation of Real Estate Developers' Associations of India), the apex body of private Real Estate developers representing 11940 Members spread across 23 State level Chapters and 177 City level Chapters in India.
The 3-day exhibition will be held on 7th, 8th and 9th December at Dubai World Trade Center, Halls 7 and 8 from 12:00 noon to 8:00 pm on all three days. Entry is free to the exhibition with provision for free parking.
With the aim to present the Best of India to over 2.6 million Indians living in the UAE, Indian Property Show intends to present the widest choice of properties comprising apartments, villas, row houses, plots, commercial and retail to suit every budget and requirement. The exhibition will have 14 exclusive state pavilions presenting over 60 key cities.
Mr. Getamber Anand, Chairman of CREDAI said: “I am happy that CREDAI members would have an opportunity to harness CREDAI’s enhanced visibility and standing for marketing our offerings to International customers at the Indian Property Show presented by CREDAI at Dubai in December. CREDAI with its steadfast commitment to housing for all, socially responsible business, and above all transparency and fairness in dealing with customers has earned for itself immense credibility and an unimpeachable reputation. I also believe that forward looking business ideas hold the key to unlocking values and ensuring growth.”
“With RERA and GST bringing a lot of clarity, transparency and affordability in the Indian real estate market, this is the right time to invest. Our partnership with CREDAI will also provide increased confidence to NRIs helping them actually invest in the most trusted projects by the most credible developers. New to the show, CREDAI’s Consumer Grievance Redressal Forum will help NRI buyers voice their concerns or seek support on investment related queries. Moreover, through the informative and educational seminars they can learn how new legislation affects property investment, finance, legal aspects and taxation plus get free Vaastu consultations”, said Ms. R. Srividya, General Manager, Indian Property Show.
Commenting on the international foray, Mr. Jaxay Shah, President of CREDAI National said: “CREDAI is the ambassador of the real estate industry to the NRI community. We intend to use our partnership with the Indian Property Show to help developers reach out more efficiently to NRIs in the UAE. CREDAI believes that the goodwill it has created amongst homebuyers and other influencers is ready to be harnessed for the benefit of its members. Therefore we are working on creating platforms that have accessibility to global markets. Dubai is a perfect launch platform since it is home to highest number of Indian expats globally. Moreover, Dubai NRIs investing in India is significantly expected to reach a value of USD 100 billion by 2020, which is a very positive sign for Indian developers.
Mr. Vipul Thakkar, Chairman-International Exhibition, CREDAI National further opines “CREDAI’s Indian Property Show will be the largest exhibition for NRI property buyers and we are expecting about 18,000 potential buyers and over 200 Indian developers to attend the expo. The show is segregated into state and city wise pavilions and will have a special thrust to promote participation from Tier 2 & 3 cities thereby making it the first ever exhibition to promote all the cities of India in one place”.
The CREDAI’s Indian Property Show aims to display more than 1000 projects in a first ever large international exhibition post RERA Implementation with properties starting from 15 lakhs and above will be showcased. Projects to suit every budget and requirement will be made available to fulfill the dreams of millions of NRIs in the UAE.