Sunil Jaiswal, CEO, Sumansa Events, highlighting the significance of the upcoming Indian Property Show, said that the event would be the ideal platform for people seeking to buy property in India. "The UAE has attracted people from all over India, who have come here to work, many of them possibly saving up to buy property for a permanent house in their home country.
"We recognise that NRIs in the UAE, seeking to buy a property in India, would most likely wish to secure a property in their state of origin. Therefore the Indian Property Show will showcase properties being offered in different parts of India. The show will give people an opportunity to learn more about what's on offer at a single forum. Here they will be able to question the developers as well as make a comparative evaluation,"
he said.
The event, which has the endorsement of the Builders Association of India, has a host of features to help NRIs build an understanding of the Indian property market. These include seminars with an educational focus, and an interactive channel to communicate with developers even before the event.
"What we're aiming to do is help NRIs who want buy property buy property. Most people put it off, so Sumansa Events has created a unique educational focus to help them understand why now, why India and why the long term view. We'll help them understand how they can buy now and gain, even if they want to return to India later.
"Our research has shown us that there is a great deal of misinformation or a lack of knowledge about the Indian property market. A large number of Indians residing in the UAE showed their keenness to acquire property in India but also clearly indicated that they would like to learn more before committing to any major investment in this sector. We hope that before during and after the Indian Property Show, they will be able to do just that." he added.
Mr. Jaiswal emphasised that the organisers would not be just focusing on having high-end properties at the event.
In addition to the builders, participants in the Indian Property Show will include land developers, letting agents, lawyers, and 'vastu' consultants.
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Anne-Birte Stensgaard, Senior News Editor
