- 35% business from NRI segment, majority of which from Gulf countries
- Property within the price bracket of AED 600,000 – AED 1.5 million popular amongst UAE based Indian expats
Mumbai’s premium developer Rajesh LifeSpaces with over 50 years of legacy in the real estate business would be launching many attractive deals for their projects at the upcoming Indian Property Show scheduled to take place in Dubai from June 12-14, 2014 at Hall No. 7 Dubai World Trade Center.
Pratik Patel, Director - Rajesh LifeSpaces says, “Major chunk of our business i.e about 35% comes from the NRIs, of which a whopping 60% is from the Gulf based Indians. We aim to present excellent, up market products providing premium lifestyle to our discerning clientele. The subvention offer for “Raj Infinia – Malad, Mumbai” project that was offered at last year’s Indian Property Show was an instant hit and this time again we look forward to recreating the magic and expect a great response to “White City Kandivali, Mumbai” project which will be shared with visitors at the upcoming exhibition. We would also utilize this opportunity to pre-launch our Thane projects while expecting to sell a minimum of 25,000 sq. ft. at the show. This will provide UAE based Indian expatriates a wonderful opportunity to invest in these properties with great launch offer benefits designed specifically for the show”.
“We always suggest to our NRI clientele to invest in pockets that are to grow in years to come. The Mumbai map is North Bound, and thus gradually development and appreciation saw a rise only towards and within the suburbs. Rajesh LifeSpaces, targets the suburbs today as we know that the continual development here will attract all types of real estate consumers. Our projects in the western and central lines of Mumbai are all getting significant NRI attention. NRI’s usually look for a property that can replicate their standard of living regardless whether the property will be utilized for end use or taken purely from an investment point of view. They don’t like to compromise on standards, convenience of lifestyle options and most importantly security. Any property with the said features and ranging anywhere between AED 600,000 to AED 1.5 million is a popular property with NRIs”, concluded Pratik Patel.
About Rajesh LifeSpaces
Founded in 1962, Rajesh LifeSpaces, the erstwhile Rajesh Builders, have been a steadfast and stable stalwart of the real estate industry. While continuously accentuating the skyline of Mumbai, the 50 years and more of success has only been the driven result of the leadership, a fraternity of professionals, bound by values and with each milestone touched by an abiding trust in what the future should hold. To quantify, Rajesh LifeSpaces has provided towards the dreams of over 12,000 families for a bigger, better home. Further, we have helped make sure over a 1,000 professionals are working in the state of the art offices. With our change of name to Rajesh LifeSpaces in 2012, we have transitioned our business to enable, in the near future, homes and workplaces covering 10.6 million square feet. Our current destinations include Powai, Mulund, Malad, Kandivali, Thane, Ghatkopar and look to continually increase our footprint in suburban Mumbai.