'Indian Property Show' to open at Dubai World Trade Centre this Thursday, Dec 13th

Expected to be the biggest show yet in its history, the 3 days property extravaganza begins from 13th to 15th December at the Dubai World Trade Centre and will run from 11:00 am to 8:00 p.m on all three days.

An ideal platform to meet developers, estate agents, financers, legal experts and vaastu consultants all under one roof will help buyers make the most important decision of life- Property Investment! The show is expected to be visited by 18,000 - 20,000 visitors.

The property developers who will be participating include best of the Indian real estate, construction companies, Banks and real estate agents.

Some of the top exhibitors are Wadia Group's Bombay Realty, Indiabulls, Sahara Prime City, Vatika Group, Nirmal Lifestyle, Hiranandani, Ansal Housing, Investors Clinic-India's leading real estate consultancy etc.

The returns on property investments are always higher, compared to other investments, due to its minimal volatility and stable appreciations The NRIs seem to have cashed on in the situation as many NRIs are even buying multiple units for investment purposes.

According to a recent report by Knight Frank India, the real estate sector will continue to remain an attractive investment destination with the possibility of prices in residential areas appreciating by 91 to 145% in select cities over the next five years.

In a first of its kind report by Knight Frank, a real estate advisory firm, high possible return on investments ranging between 18.6% and 29% per annum over the next five years will emerge as a key driver for investors' interest in the sector.

Mr. Sunil Jaiswal, CEO, Sumansa Exhibitions, the organisers of the show, said, "Over the years our show has become the preferred property exhibition for NRI buyers here. We have had excellent response to all our exhibitions in Dubai which has encouraged us to produce bigger and better shows every year. The strategy so far has worked well, catering to ticket sizes ranging from 10 lacs to 3-4 crores rupees, however going forward while we retain the existing model of the show, we plan to create exclusive shows for HNI clients with investment potential of 5 crores and above as we feel they require a different environment and treatment. This may be considered as a possible value addition by IPS in days to come".

"Due to the economic liberalisation in the last decade we are seeing a trend reversal of sorts as many NRIs are migrating to India so we are witnessing an increased thrust in NRI investments. The weakening of the rupee is also serving as an icing on the cake. As far as Sobha is concerned, 26% of our client base comprises NRIs of which 9% of our investors/buyers are from the Middle East," he added.

"Last year Sobha had 23% NRI buyers and for the H1 of this fiscal alone, the figure has increased to 26%, which makes for a 13% increase in NRI buyers. NCR, Mumbai and Bangalore are three of the biggest property markets in India. Other fastest growing destinations include Pune, Hyderabad and Kolkata. Premium apartments and villas are most in demand amongst NRIs when it comes to regions like Bangalore, NCR, and Pune," commented Mr. J.C. Sharma, Vice Chairman and MD, Sobha Developers Ltd.