Indian Property Show returns to Dubai on 17th-19th May 2007

The largest property show of its kind in the world, the three day Indian Property Show 2007 is a unique platform for Dubai residents to interact face to face with Indian property developers, financial institutions and legal advisors.

Sunil Jaiswal, CEO of Sumansa Events and the force behind the Indian Property Show commented,

'The Indian Property Show is the largest and most diverse exhibition of exclusively Indian Property ever staged. It is an ideal opportunity for Dubai and UAE based NRIs (Non-resident Indians) and PIOs (Persons of Indian Origin) to meet and interact with many of the major developers in the Indian property market.'

'Investors from across the world are moving into India and with good reason. As this is such an exciting time for all, an opportunity such as the Indian Property Show is ideal for anyone thinking of investing in India. During the three days of the first Indian Property Show in 2006 alone there were deals done of at least Rs. 120 crores (US$ 25 million).'

Real estate is one of the fastest growing sectors in India. The government of India's move to allow 100% FDI in the real estate and construction industries in February 2006 has spurred unprecedented activity. In addition, market analysis pegs returns from realty in India at an average of 14% annually with a tremendous upsurge in commercial real estate on account of the Indian BPO boom.

At present there exists a gaping demand for quality infrastructure in India. A significant demand is also likely to be generated as the outsourcing boom moves into the manufacturing sector. Further, the Indian housing sector has been growing at an average of 34% annually, while the Indian hospitality industry witnessed a growth of 10-15% last year.

In addition to property exhibitors from across India, a detailed programme of seminars has been put together for the show. The seminars will offer visitors opportunities to learn about such issues as: the legal issues involved in buying property, real estate investment in India and the potential of 'Tier 2' cities and the principles of Vaastu. Exhibitors at the Indian Property Show 2007 will also include legal advisors, financial institutions and Vaastu consultants.

'Whether you are buying your first home or another investment property - there will be something for everyone at the Indian Property Show,' added Jaiswal.