The Indian Property Show 2007 breaks all records

    Dumped value of 'ID':
'121082';

Dumped value of 'images_loop':
[];

Sunil Jaiswal, CEO of Sumansa Events, organisers of the Indian Property Show commented, 'The figures speak for themselves. In addition to the Rs. 2,500 Crores (US$ 513 million) of enquiries, there has been over Rs. 265 Crores (US$ 54 million) of deals actually completed at the show. It once again goes to show that the three day Indian Property Show continues to be the largest property show of its kind in the world.'

'From 12,000 visitors over the four days of our first Indian property Show in 2006 we have just had over 14,000 people visit our second show in only three days- a growth of over 10% in terms of visitors overall and a daily increase of 25%. Airport Expo has proved itself to be a very successful venue for us and we are now in the process of planning the next Indian Property Show which will be held on the 13th to the 15th December, again at Airport Expo.'

The Vatika Group, Alliance Projects, Devansh Construction were some of the many developers present at the show and investment opportunities were available for land, houses, apartments and commercial properties in regions across India.
Also at the show, visitors were also able to discuss legal issues and financing options with exhibitors. ICICI & Emirates Bank launched another exciting and valuable service to its customers by offering NRI's- Non Resident Indians- the opportunity to avail of 100% home finance to buy their dream home in India.
meNRI Home Finance in India is a unique and innovative product, which is a combination of a Home Loan from ICICI Bank (70%) in India and a Personal Loan from Emirates Bank (30%) in the UAE. Customers who transfer their salary to Emirates Bank are eligible to take advantage of the 100% loan, which can be utilised for either purchase of a new house, renovation or expansion of an existing house, or even financing a second home in India.

Mr. Louis A. Scotto, Emirates Bank General Manager- Retail Banking- commented, 'At Emirates Bank, we extensively research ways of enriching our customers' lives. We look into what and where we think our customers aspire to be and devise ways of smoothing their paths. With the introduction of our new meNRI 100% Home Finance in India, we hope to encourage NRIs living in the UAE to more seriously consider purchasing houses in their home country. All our customers matter to us at Emirates Bank and we are committed to serving them to the best of our ability.'

Emirates Bank's meNRI segment offering provides customers with value-added and focused benefits to best-suit their specific needs and lifestyle. Customers are automatically provided with dual banking- ICICI Bank in India and Emirates Bank in UAE, yet enjoy one simple relationship. They automatically and conveniently access the banking services provided by both banks in India and the UAE respectively.

With loans of up to one million UAE Dirhams acquired through simple documentation and followed by fast loan approvals, the meNRI Home Finance makes customers' dreams of owning their own home in India many steps closer.

'As our 14,000 visitors have found out, whether you are buying your first home or another investment property - there is something for everyone at the Indian Property Show and we look forward to welcoming you again in December,' concluded Jaiswal.