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.-TradeArabia News Service