Damac Properties to showcase iconic properties at Cityscape India 2007

Cityscape India 2007, the world's largest business-to-business real estate exhibition, will be organised at the Mumbai Exhibition Centre. The event is an annual networking exhibition and conference focusing on all aspects of the property development cycle.

Commenting on the participation, Hussain Sajwani, Chairman of Damac Holding, says: "The Indian real estate market is expected to touch the $50bn mark by 2010 and is a very important market for Damac. In view of the tremendous potential that the Indian real estate market holds, Cityscape India 2007 provides an ideal platform to identify new opportunities. Damac foresees good investment portfolio in the region and we are participating in the show to exhibit our unique masterpieces."

Commenting on its participation, Peter Riddoch, CEO of Damac Properties, said: "We exhibited our unique properties at Cityscape Dubai 2007 last month and the response has been phenomenal. This event promises to attract regional and international investors, property developers, leading architects and designers under one roof providing an excellent networking opportunity for Damac. We are privileged to be the Gold Sponsors of the prestigious industry event and wish to showcase some of our world-class towers and luxurious properties."

The luxurious developments from Damac Properties, including the projects from various countries such as Egypt, Jordan, Saudi Arabia, Lebanon, Qatar and UAE will be featured at Damac's stand in Cityscape India. Damac Properties is spread across 450 million sq. ft. of luxury, with over 10000 customers - across 6 countries.

The event, comprising a three-day networking exhibition and conference, plays host to leading domestic and international companies and individuals. The conference features an outstanding line-up of speakers to discuss issues critical to the Indian real estate market. Mr. Peter Riddoch will also be speaking at the conference.

Damac Properties, won two prestigious awards at the CNBC Arabian Property Awards 2007 - one for the top property developer received the 'Best High Rise Development' award for 'La Residence at the Lotus' and the 'Best Website' award for the company's revamped website. Last year Damac Properties won three prestigious awards at the CNBC Arabian Property Awards. The company bagged the best development award for 'Oceanscape', best architecture award for 'Ocean Heights 2' and the best website award.

Damac's La Residence at the Lotus is also nominated for the International Property Awards that will be taking place in Las Vegas at the Bellagio Hotel later this month.